If your insurance company has dropped your policy in Florida, you're not alone. Thousands of homeowners face this situation every year due to various reasons such as claims history, credit score, or changes in insurance company policies. You need to act quickly to avoid financial risks and find new coverage. The Florida Office of Insurance Regulation can provide guidance on your options
Based on federal consumer protection law and HUD/CFPB public guidance · Last reviewed July 2026
The Direct Answer
Your insurance company must provide you with a written notice at least 30 days before canceling or non-renewing your policy, as per Florida law. This notice will include the reason for the cancellation or non-renewal and the effective date of the change.
You should start shopping for new insurance coverage immediately, as you may face increased mortgage rates or even foreclosure if you don't have a policy in place. HomeLeafs is not a lender and does not earn money from your borrowing decisions, so we can provide unbiased guidance on your options
Do not assume you can simply switch to a new insurance company without checking the terms and conditions of the new policy, as it may have different coverage limits, deductibles, or exclusions
Understanding Your Options
Shopping for New Insurance
You can start by contacting other insurance companies to get quotes for new coverage. Make sure to compare the terms and conditions of each policy, including coverage limits, deductibles, and exclusions. You can also check with the Florida Office of Insurance Regulation for a list of licensed insurance companies in the state. The Fair Housing Act prohibits discrimination in housing-related activities, including insurance, so you should be aware of your rights
Potential Consequences of Non-Coverage
Increased Mortgage Rates
If you don't have insurance coverage, your mortgage lender may increase your interest rate or require you to purchase a more expensive policy. This can increase your monthly mortgage payments and put a strain on your finances. You may also face penalties or fines for not having insurance coverage, as required by your mortgage contract
Seeking Assistance
Contacting the Florida Office of Insurance Regulation
The Florida Office of Insurance Regulation can provide guidance on your options and help you navigate the process of finding new insurance coverage. You can contact them by phone or email to ask about the next steps you should take. They can also provide information on any available programs or resources to help you afford insurance premiums, such as the Homeowner Assistance Fund (HAF)
Preventing Future Non-Renewals
Maintaining a Good Claims History
To reduce the risk of your insurance policy being non-renewed in the future, make sure to maintain a good claims history by avoiding unnecessary claims and keeping your property well-maintained. You should also review your policy regularly to ensure it still meets your needs and make any necessary adjustments. The TILA right of rescission may also apply if you have recently refinanced your mortgage
Find New Insurance Coverage
Start shopping for new insurance coverage today to avoid financial risks and ensure you have the protection you need. You can contact the Florida Office of Insurance Regulation for guidance on your options
Can I appeal the decision to drop my insurance policy?
Yes, you can appeal the decision to drop your insurance policy by contacting the insurance company and providing evidence to support your case. You can also contact the Florida Office of Insurance Regulation for guidance on the appeals process
How long do I have to find new insurance coverage?
You typically have 30-60 days to find new insurance coverage after your policy is dropped, depending on the terms of your policy and Florida law. You should start shopping for new coverage immediately to avoid any gaps in coverage
Will my mortgage lender increase my interest rate if I don't have insurance coverage?
Yes, your mortgage lender may increase your interest rate or require you to purchase a more expensive policy if you don't have insurance coverage. This can increase your monthly mortgage payments and put a strain on your finances. The CFPB complaint process may be an option if you believe your lender has engaged in unfair practices
Can I get help paying for insurance premiums?
Yes, there may be programs or resources available to help you afford insurance premiums, such as the Homeowner Assistance Fund (HAF) or other state-specific programs. You can contact the Florida Office of Insurance Regulation or a HUD-approved housing counselor to learn more about these options and determine if you are eligible