If you want to keep your homeowners insurance coverage, make sure you avoid these things that can render your policy void.
If you have homeowners insurance in Lancaster, CA, you might assume that will have this coverage so long as you continue to pay your premiums. However, this isn’t necessarily true. There are certain activities that will cause you to lose your homeowners insurance policy. Here are some of the issues that could render your home policy void.
If your insurance provider uncovers instances of fraud, there is a good chance that your homeowners insurance policy will be cancelled. Lying during the application process is the most common form of insurance fraud. For instance, claiming that your home is a single-family dwelling when multiple families live there would constitute fraud and could result in your home insurance being cancelled.
Filing Too Many Claims
For most homeowners, filing an insurance claim is a rare occurrence. However, if you are filing an excessive number of claims, this will raise red flags for your insurer. Filing too many claims within a given time period could result in you being declared a high-risk homeowner and your policy being cancelled.
Leaving Your Home Unattended
Finally, you may be surprised to know that being away from your home for an extended period of time could result in your homeowners insurance policy being declared void. This is because major damages could take place and get progressively worse during a homeowners absence. Insurers do not want responsibility for this amount of risk, which is why they will cancel your policy if they find that you have left your home unattended. Most policies include a set of terms detailing what homeowners must do if they are planning on going away.
These are some of the things that can result in the cancellation of your homeowners insurance in Lancaster, California. Do you have additional questions regarding your home coverage? Don’t hesitate to contact the experts at John E. Peakes Insurance Agency. We are ready to assist you with all your personal coverage needs today.