Can you get a FAIR Plan if you've been canceled for nonpayment?

A cancellation for nonpayment is stressful, but it doesn't always close every door. Here's what to know and what to do next.

First: act fast

Check the cancellation date on your notice. Some insurers allow reinstatement if you pay before or shortly after the cancellation date. Call your insurer right away to ask.

Can the FAIR Plan help?

Often, yes. FAIR Plans are designed for property owners who can't get coverage in the regular market. But each state plan sets its own rules. A plan may look at your payment history, and it may require any unpaid balance owed to the plan itself to be paid before issuing a new policy. Your agent can check your state's rules.

Why a gap matters

If you have a mortgage, your lender can buy force-placed insurance when your coverage lapses and add the cost to your payment. It usually costs more and mainly protects the lender. Getting new coverage quickly helps you avoid that.

Avoid a repeat

• Ask about payment plans or automatic payments
• Set calendar reminders before each due date
• Read every notice from your insurer as soon as it arrives

Read more: Turned down for home insurance? 5 steps to take next.

By Unquoting Insurance Company. This article is general information, not advice for your specific situation. Coverage and eligibility vary by state and policy — call (888) 928-9324 to talk with a licensed Insurance Agent.