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Maine.gov > PFR Home > Insurance Regulation >Administrative & Enforcement Actions > Cancellation Hearing Index > Cancellation / Nonrenewal : Docket No. 12- 2108 Decision
Paul Reid v. Vermont Mutual Insurance Company
Held October 16, 2012– Docket No. INS-12-2108
The named insured requested a hearing to contest the cancellation of a homeowners policy for a physical change in the property that results in the property becoming uninsurable. The company established that a significant loss occurred and the property remains unrepaired and uninhabitable more than a year later.
Held: For the company. 24-A M.R.S. § 3049(5) permits cancellation of a policy when a physical change in the property renders it uninsurable. As the home remains damaged and uninhabitable, the cancellation action is permitted.
Last Updated: January 16, 2014
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