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3 Responses to Home Insurance Canceled For Nonpayment Because Bank Froze My Account?

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mbrcatz

January 5th, 2010 at 3:26 pm

Most of the time, yes. Look at the cancellation notice – does it say ” if payment is received before cancellation date we will rescind this notice”?
You might want to play it safe and drop the payment off at the agent’s office. Ask for a signed, dated receipt. But after a NSF check, they’ll want a money order or certified check – they won’t want a regular check.

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Zarnev

January 5th, 2010 at 4:59 pm

They will reinstate the policy if you pay prior to the cancellation. They will probably require a credit card payment or a payment by phone.

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LI Guy

January 5th, 2010 at 5:44 pm

If you dont have any previous losses they will probably reinstate the policy. Basically, if you’re a money maker for them they will reinstate.

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