Under a new state law, residents will no longer be protected from homeowners’ policy cancellations, higher deductibles or big rate increases.
  • ramble81@lemm.ee
    2·
    4 months ago

    The companies just opt to not renew it. That is legal as it would be illegal to force someone into a perpetual agreement. Then you’re SOL when your lender requires insurance (to insure what is technically their property) and there’s none of be found.