How does a non-renewal of property insurance affect my coverage and premiums?

When your property insurance is non-renewed, it can lead to a lapse in coverage, leaving your property unprotected against potential risks. Finding a new insurance policy after non-renewal may result in higher premiums due to perceived increased risk by insurers. Factors such as previous claims history, property changes, or location can also impact your ability to secure affordable coverage. It's crucial to address non-renewal promptly to avoid gaps in protection and potential financial consequences. For more information, visit Old Harbor Insurance.