Many homeowners would like to know if a home insurance policy can be backdated to provide coverage before the policy was actually purchased. Now, obviously, this type of arrangement would benefit the homeowner, right? I mean, imagine only paying for insurance after a disaster occurs. So the answer is usually no, but there are some exceptions. On rare occasions, an insurance carrier may recognize that a homeowner has allowed their insurance policy to lapse unintentionally and will honor the claim even though the account is not up to date. Now, I want you to note that this is by no means obligatory. Most insurance companies will use a lapse in coverage as a reason not to honor a claim and it is their right to do so. In fact, most insurance companies institute a waiting period before coverage takes effect generally between 3090 days to prevent exactly this type of situation. Now, ultimately, the safest course of action is to keep your premiums up to date, to ensure the protection from your homeowners policy remains in effect.

We’d be happy to review your insurance coverage options with you! Give us a call at 440-729-4042 or visit https://luczkowskiagency.com.