Which of the following is a requirement for a homeowners policy to be canceled?

The requirement of a violation of policy conditions being a cause for cancellation aligns with the principles of homeowners insurance policies. Homeowners insurance policies usually include specific conditions and obligations that the insured must adhere to. If the insured fails to comply with these conditions, such as engaging in illegal activities, making misrepresentations, or failing to maintain the property, the insurer has the right to cancel the policy. This serves to protect both parties—the insurer from increased risk due to non-compliance and the insured from gaps in coverage that can arise from violating terms.

In contrast, failure to renew typically does not involve a cancellation of the policy by the insurer, as it is the policyholder's choice to renew or not. Property damage coverage claims generally cannot be a reason for cancellation, especially if the claims are legitimate and processed according to the policy terms. Lapses in premium payments may lead to non-renewal or cancellation, but they are not classified under policy conditions compliance. Thus, violations related to the governing conditions of the policy represent a legitimate ground for the insurer to act on cancellation.