A comprehensive home insurance policy is most likely a good investment for any homeowner, regardless of where you live, due to the financial protection it provides. Data shows that roughly six percent of homes in the U.S. had a homeowners insurance claim in 2020. Almost 98% of those incidents were property damage claims, including theft. But while home insurance can be incredibly beneficial to your wallet, some people struggle to get it or get dropped from their policy. This can happen if you live in an area with a high risk of severe weather, like hurricanes or floods, or have filed multiple insurance claims in recent years. If you’re dealing with canceled insurance, Bankrate’s insurance editorial team helps you explore your options.
What To Do If You Are Dropped From Your Home Insurance
