What to do when no one will insure your home?
What to do when no one will insure your home?
Being high-risk can make finding a home insurance policy you can afford difficult, but you have some options that can help: Shop around. …Talk to your neighbors. …Ask your real estate agent. …Consult an independent agent. …Look into surplus line insurance. …See if your state has a FAIR plan. Jun 30, 2020
What is high risk property?
High-risk property is a location that is inherently dangerous due to the nature of its operations or that is exposed to powerful forces of nature such as hurricanes, earthquakes, and floods. Mar 21, 2011
Can homeowners insurance be denied?
Homeowners insurance companies may deny you a policy for many reasons. But whatever the specific reason, it’s likely something indicating you or your property are high risk.
