Partaking in these activities can result in the loss of your homeowners insurance coverage.

As with any other type of insurance policy, there is a list of conditions you must fulfill in order to keep your homeowners insurance. Additionally, most home policies come with a list of issues that could result in a denial of coverage or a complete cancellation of your insurance. If you would like to keep your homeowners insurance coverage, here are three things you need to avoid.

1) Insurance Fraud

Any time you lie on your insurance application or to your agent, you are committing insurance fraud. If your insurer were to uncover instances of dishonesty on your end, your policy could be subject to cancellation. While you might assume that your lies will not be caught, keep in mind that a major part of your insurer’s job revolves around verifying every piece of information you provide them. So, there is a high probability that inconsistencies and false information will be uncovered.

2) Filing Too Many Claims

Most insurance policies come with a clause that gives insurers the right to cancel coverage for high-risk homeowners. But how does one become a high-risk homeowner? Well, filing too many insurance claims within a given period of time will raise a red flag for your home insurance provider.

3) Illegal Activities

Unsurprisingly, your home insurance provider will not offer coverage for claims connected to illicit activities that take place inside your home. Oftentimes, uncovering illegal activities will automatically lead to the cancellation of your policy. Keep in mind that your homeowners insurance will be compromised even if illegal happenings are taking place without your knowledge.

These are some of the things that could result in the loss of your homeowners insurance policy. Do you have additional questions regarding coverage for your home? If so, don’t hesitate to contact the experts at Scavone Insurance in White Plains, New York. We are ready to assist you with all of your personal coverages needs today.

COVID-19 Update:

Due to the ongoing COVID-19 outbreak, our office is working with limited staff. We are requesting people to come in ONLY IF NECESSARY! We have all the resources to continue servicing your Insurance needs. Should you need to contact us, please call the office first!! 914-428-7111. You can also reach us by email [email protected], or fax 914-428-7764.
You are more than just our Policyholders; you are our friends and “Insurance family”! We hope you stay safe and we will get through this together!! COVID-19 Info