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Why is it hard to get home insurance?

My question is taken from Insurance subject matter

This question was posed to me in class test.

Other related questions to my question are:

Why would you be refused home insurance?

Is it hard to get homeowners insurance after being dropped?

Does bad credit affect homeowners insurance?

What does it mean to be refused insurance?

What questions are asked for home insurance?

What are the 3 basic levels of coverage that exist for homeowners insurance?

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Right answer is: There are a variety of reasons you may have a hard time finding home insurance if you're an insurance risk. These include your personal insurance and credit histories, the condition of your home and where the home is located. If your home insurance status is too high-risk, you can see your premiums become expensive.Jun 30, 2020

The title of my answer can be What If I Can't Get Home Insurance? | QuoteWizard

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asked Feb 27, 2022 in Insurance by Jefem (82.5k points)
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