Cancellation, Non-Renewal, and Lapse of Insurance Policies in Texas
Handling policy cancellations requires serious attention. Cancelled home insurance can lead to financial vulnerabilities and additional complications such as increased rates, reduced coverage upon renewal, and potentially, foreclosure. Grasping the distinction between cancellation and non-renewal is vital, as both may lead to insurance gaps that Texas homeowners should diligently avoid. Be aware of your homeowner […]
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