If your insurer non-renews your policy, you'll need to find new coverage, often through another company or your state's high-risk market. Act quickly to avoid a lapse.
The Short Answer
If your insurance company drops you, or non-renews your policy, you will need to find new coverage with another company, and you may need to act quickly to avoid a lapse. In some cases you may turn to your state's high-risk market.
Why Insurers Non-Renew
Insurers non-renew policies for reasons like a pattern of claims, high-risk property conditions, or changes in the company's appetite for risk in an area. A non-renewal is different from a cancellation for non-payment or misrepresentation, which can be harder to overcome.
Your insurer must give you advance notice, typically 30 to 60 days, before a non-renewal takes effect. That notice window is your opportunity to shop for a new policy before your coverage ends.
Your Options for New Coverage
Start by shopping other standard insurers, because one company's decision does not mean others will decline you. Work with an independent agent who can quote several companies at once.
If you cannot find coverage in the standard market, Pennsylvania's Fair Access to Insurance Requirements, or FAIR Plan, provides a high-risk option for homeowners who cannot get coverage elsewhere. It is a safety net, though it typically offers more limited coverage and costs more, so treat it as a last resort.
Smarty's Advice Expert Insight
John Smart (Smarty) · Smarty Home Solutions / eXp Realty Agent, AI Certified Agent
Act During the Notice Window
Do not wait until your policy ends to find new coverage. Shop standard insurers first, and know that Pennsylvania's FAIR Plan is a backstop if you cannot get coverage elsewhere.
John Smart, AI-Certified Agent with eXp Realty helps homeowners across Greater Philadelphia stay protected. Call 215-598-6848 or schedule a free consultation.