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Updated about 4 years ago on . Most recent reply

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Jinesh Kumar
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General Landlording & Rental Properties

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