With extreme weather events increasing in recent years, homeowners insurance companieshave raised premiumsor stopped offering coverage completely.

Many of the policyholders hit with nonrenewal or cancellation notices are the ones most in need of insurance coverage.

As the nationwide insurance crisis gains more public attention, some temporary measures have been taken.

Neither is damage from earthquakes, mudslides,moldorpest infestations.

Personal property protection:This portion helps cover costs related to the actual belongings in the home.

It’s important to note that this may not cover everything in your home.

Liability protection:This portion applies to the potential costs of an injury on your property.

This coverage can help pay for those medical bills and other related costs for the victim.

Read more:Insurance Premiums Spike as Natural Disasters Strike.

Here are a few of the most common reasons homeowners are denied or dropped from coverage.

The most common reason policyholders are dropped from coverage is that they have lost their provider’s money.

Policygenius research shows that36% of those who losttheir insurance already filed a claim or multiple claims.

In 2022, Allstate announceda pause on new condo and homeowners insurance policiesin California.

In Texas, both Progressive and Foremost (a subsidiary of Farmers Insurance) stopped renewing homeowners policies.

Insurance companies also evaluate a home’s age and condition.

Ask the company to explain the reason behind the rejection.

If the reason is based on something within your control, venture to find a solution and apply again.

For instance, you could update old wiring,install security devicesorweatherproof your hometo mitigate the risk of damage.

Talk to your neighbors to find out what insurance company they use.

Locals in your area might recommend a different insurance provider.

Your state’s insurance department should provide a list of companies that offer insurance in your area.

Here are some alternatives.

For more information on your state’s plan,check out the III’s comprehensive list of resources.

Providers may deny your claim due to lack of coverage, insufficient documentation or another reason.

Look at the notice with the reason for your denial.

You need more than a roof over your head.

You also need financial peace of mind that the roof is protected in case anything goes wrong.

State Farm made significant changes to its insurance policies in California in 2023 and 2024.