I Have Been Sent a Letter that Says “Nonrenewal” – What Does This Mean?
As a homeowner, you have a duty to understand your policy terms to the fullest so that you can make informed decisions regarding your coverage. One area of confusion that proves to arise for many homeowners is the nonrenewal clause. Nonrenewal means that your insurance company is not going to renew your homeowners’ insurance policy once it expires. We want you to remain an informed homeowner, which is why we have gathered all the must-know information for policies with a nonrenewal clause: