What to do with a Homeowners’ Insurance Non-renewal Notice in Connecticut March 15, 2011

Some of life’s unexpected events can be a pleasure and some can be downright stressful – like receiving notification that your insurer does not wish to renew your homeowner’s insurance policy. Why has this happened and what can you do about it?

If you’ve made frequent claims, even if they’re only small ones, they could be the reason your insurer no longer wants to insure you. Insurers are getting tough on people who make frequent claims. You could contact the insurer and ask them if they would consider insuring you with a higher deductible. Statistically, people who have higher deductibles are less likely to make a lot of claims. If they agree, you can always continue to look for a new insurer – but the main thing is to stay covered as it can be harder to find a new insurer if your policy has not been renewed.

If your insurer declines, you’ll need to find a new policy quickly – letting your homeowner’s insurance in Connecticut lapse just isn’t worth the risk.

Just the thought of having an uninsured home is stressful enough. Understanding how to best deal with it can be quite complicated too. If you have received a non-renewal notice you’ll probably be much better off finding a good insurance agency to assist you – so why not let one of our knowledgeable representatives at KL Smith Agency assist you?