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Updated over 3 years ago on . Most recent reply

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Jinesh Kumar
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Farmers ended my rental insurance contract after 3 months

Jinesh Kumar
Posted

I bought a full year insurance on my rental property from Farmers, after 3 months they just mailed me a letter saying that we will cancel your contract since risks does not meet their underwriting guidelines...Is that normal to cancel the contract after 3 months???

Thank you

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Scott M.
  • Real Estate Broker
  • Rochester Hills, MI
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Scott M.
  • Real Estate Broker
  • Rochester Hills, MI
Replied

They will be sending you a check for the remaining months.  And while I wouldn't say it is common it isn't unheard of.  Good thing is there are lots of other places to go!

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