My insurance company told me they can not insure my property any longer. Help!

[Naga A.]

I have had landlord insurance for 5 properties with National Real Estate Insurance Group. This year, one of my properties caught fire so I filed a claim with them and received the payment.

However, they told me that they cannot insure that property because of my claim filing history and the area of the property (that property is not in the best area of Atlanta though it is not a war zone.).

So, I contacted American Modern but they told me they had to refuse to insure me because per their policy, they cannot insure for someone who filed a claim in last three years.

What should I do with this property? Is there any insurance company who can

insure my property?

[Naga A.]

Just to give you an update on this insurance situation. My insurance company, National Real Estate Insurance Group, told me that they do not have to cancel the policy on the house after all. So, we negotiated and agreed that they provide the coverage for only ACV on this house, which is fine by me. Tim Norris, the CEO of National Real Estate Insurance Group, who frequently comment on BP, stepped in and found a solution for me. Thanks Tim.