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Why Is My Home Uninsurable?

Updated on August 23, 2020
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Stephen is an insurance agent and former underwriter of 10 years who blogs about topics that affect you and your money.

Have you been rejected or declined? There are options.

Why Is My Home Uninsurable?

If you've run into this issue, one of two things has likely happened:

1) You've been shopping for new homeowner's coverage and told that your home can't be insured by a company or they priced your insurance so high that you would never want that policy.

or

2) You received a letter from your current carrier that they are cancelling your current policy.

This article explores the reasons why this happens and what your options are as the homeowner.

Act quickly! If you're uninsured or being cancelled there is still time.

Reasons Carriers Will Not Offer Coverage

As an underwriter, my job used to be determining what risks were acceptable for a notoriously picky company. There were several factors that might result in an outright rejection during the insurance questionnaire:

  • Age of roof - If your roof is over 15 years old, you may have a hard time finding coverage.
  • Prior cancellation - Being presently uninsured, you will have a much harder time finding coverage. Also, if you've been uninsured in the previous 5 years at any time you may face difficulties.
  • Claim History - Two or more losses in the prior 5 years will often trigger a rejection.
  • Outdated systems - Knob and tube wiring, underground fuel storage tanks and outdated plumbing or HVAC systems will often cause a higher insurance premium or an outright rejection.

The good news is that there are several options, some of which don't involve getting a new roof installed.

What Options Do I Have?

The good news is that there are several options, some of which don't involve getting a new roof installed. While updating the aging aspects of your home is often the preferred course of action, a good independent agent or one who has access to multiple carriers can also weigh the responsibility of insuring your home across a variety of insurance companies.


Often, your independent agent is familiar with these problems and knows who to recommend in order to get you the coverage you need.


My office has the ability to work with carriers both big and small to find the right fit for your home, with additional carrier options if you do or don't want to bundle auto insurance with it. A captive agent often does not have the same selection available.
What this allows is, not only will you find a carrier who can offer you insurance, but often several carriers are able to write the coverage you need and your independent agent can identify which offers the best value for your needs.


If you find yourself in this situation, as many homeowners do, don't hesitate to reach out and resolve the issue. Either a situation where you've been left uninsured or soon-to-be uninsured is best handled immediately and by an agent who takes the time needed to care for their client's needs.

This content is accurate and true to the best of the author’s knowledge and is not meant to substitute for formal and individualized advice from a qualified professional.

© 2020 Stephen Foster

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