Cancel Insurance due to home being Vacant
The South Carolina Insurance commissioner defines reasons that an insurance company can terminate a homeowner policy during the policy term. Despite the homeowner policy being canceled, America Insurance Brokers has solutions for vacant home insurance in South Carolina. Call 1-877-774-6242 or submit the following online application.
- When can an insurance company cancel my homeowner’s coverage during the policy term?
Generally, your policy can be cancelled for these reasons:
• Non-payment of premium;
• Material misrepresentation/Fraud;
• Conviction of a crime arising out of acts increasing the hazard insured against.
(For example, conviction for illegal storage of fireworks);
• Discovery of willful or reckless acts or omissions by the insured increasing the hazard insured against. (For example, not getting a gas leak fixed);
• Physical changes in the property insured which result in the property becoming uninsurable. (For example, should the home become vacant for more than 60 consecutive days, a greater exposure to vandalism and damage is assumed to exist); and
• A determination by the Director of Insurance that continuation of the policy would place the insurance company in violation of the law.
We have solutions for vacant home insurance needs in South Carolina.
Call 1-877-77-GoAIB or 1-877-774-6242. America Insurance Brokers!
