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Homeowners insurance -- It’s a necessity many may not think much about as they pay to renew their policies year after year. So imagine receiving a letter from your longtime insurer highlighting several property problems that suddenly need to be addressed.
It’s exactly what happened to one Malden homeowner.
“I felt like I was blindsided. If you look at the things they asked me to do, it was a significant amount of money,” said John D’Entremont, who has owned his Malden home for more than 40 years.
He carried homeowners insurance through the same insurer the entire time and had never been notified of any issues. But last August, he got a letter from his insurer detailing pricey repairs. They needed a plan from him within 60 days.
“Get the moss off the roof, trim the tree back that had branches hanging over the house, and get some, in their case, they said get some shingles,” D’Entremont said.
He quickly started gathering estimates, got his tree work done, and reached out to his insurance agent to keep her updated on his progress. It wasn’t enough.
According to D’Entremont, “November 3rd, I get a notification that they have decided to cancel my homeowners policy.”
In Massachusetts, insurers have the right to not renew policies as long as they provide a homeowner with a 45-day written notice before the policy’s expiration, and specific reasons for the decision.
www.boston25news.com
It’s exactly what happened to one Malden homeowner.
“I felt like I was blindsided. If you look at the things they asked me to do, it was a significant amount of money,” said John D’Entremont, who has owned his Malden home for more than 40 years.
He carried homeowners insurance through the same insurer the entire time and had never been notified of any issues. But last August, he got a letter from his insurer detailing pricey repairs. They needed a plan from him within 60 days.
“Get the moss off the roof, trim the tree back that had branches hanging over the house, and get some, in their case, they said get some shingles,” D’Entremont said.
He quickly started gathering estimates, got his tree work done, and reached out to his insurance agent to keep her updated on his progress. It wasn’t enough.
According to D’Entremont, “November 3rd, I get a notification that they have decided to cancel my homeowners policy.”
In Massachusetts, insurers have the right to not renew policies as long as they provide a homeowner with a 45-day written notice before the policy’s expiration, and specific reasons for the decision.
Massachusetts insurance companies canceling homeowners policies using drone, aerial photos
Homeowners insurance -- It's a necessity many may not think much about as they pay to renew their policies year after year. So imagine receiving a letter from your longtime insurer highlighting several property problems that suddenly need to be addressed.
