Canceling Mobile Home Insurance in Texas
In Texas, you may choose to cancel your mobile home insurance if you have reasons to do so. You can speak with your insurance agent about your intention to cancel your mobile home insurance. A knowledgeable property insurance agent will assess your situation and determine if policy cancellation is what is best for you or offer an alternative solution.
Can I Cancel my Mobile Home Insurance at Any Time?
Yes, you can cancel your mobile home insurance in Texas at any time. However, it may attract some cancellation fees as a penalty.
Why Would you Cancel Mobile Home Insurance Coverage?
You may want to cancel your mobile home insurance coverage for any of the following reasons:
Change in the ownership of the mobile home - You may cancel your mobile home insurance if you have sold the property. Title of ownership of a mobile home is transferable but mobile home coverage is not transferable
Inability to pay premiums - If you can no longer pay for your mobile home insurance, your best option is to cancel it and opt for a more affordable policy
Inadequate coverage - You can cancel your mobile home insurance policy if it is not offering the needed coverage
How to Cancel Mobile/Manufactured Home Insurance Coverage in Texas?
In Texas, you can cancel your mobile home insurance by:
Informing your mobile home insurance agent or your insurer directly of your intention to cancel your coverage. If you engage their services, your agent will initiate the cancellation process with your insurer on your behalf
Using any online platform provided by your insurer to initiate the cancellation of your mobile home coverage
Do you Get a Refund of Premium for the Unused Portion of the Coverage?
Yes, you get a premium refund for the unused portion of your mobile home insurance coverage. If you have paid your premium upfront and choose to cancel your mobile home insurance coverage in Texas, you will get a refund of the premiums for the period you have not been covered.
