Can you get homeowners insurance on a home that is not occupied & will be for sale in the next few months? - homeowners insurance expired
Mother-in-law just died. Its area is a disaster. He let his insurance expire owner (not renewed the policy) in 2004. An officer who is already assured, the house is difficult to get an insurance company's house, because it occupied by anyone, and will hit the market in a few weeks. I fear that maybe something happened at home until the end of the period (the months) can be removed. Does anybody know a team that this house safe?
Thursday, January 28, 2010
Homeowners Insurance Expired Can You Get Homeowners Insurance On A Home That Is Not Occupied & Will Be For Sale In The Next Few Months?
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3 comments:
No, what you need is a "policy of abandonment of properties.
Your best chance with Foremost Insurance - www.foremost.com. . . to write several companies on the policies of open positions, but only above will give you access to a pro-rata cancellation charges if the house is sold. Others will not refund your money.
If your agent does not represent all can come to your site - www.foremost.com - and find a representative in your area who does.
** Read write other responses - Laughing at State farm. Business Standard does not require a free property. State Farm will not touch. Other companies are American Standard, and Lloyd's of London - but mostly it is cheaper .**
According to the company, yes. But most companies accept the risk of damage from vandalism or broken windows, if the house has been empty for more than 30 days if you pay an additional premium for such coverage.
It will also depend on any state regulations in your state. Try State Farm. I know that you take such a risk if the rest of the types of analysis are met ... in my state anyway.
I will say that the agent is used to secure the house, do not say, because it is the right treatment. No insurance really wants to get an empty house. The risk and the possibility of theft and vandalism is very high. Copper thieves, the homeless and children broke into houses on a scale that goes beyond belief. I suppose the house is in poor condition when an elderly person living in it for the last 5 years or more and repair it but little or nothing to use and maintain.
Since the house was not "homeowners" are not eligible for the "standard coverage" of owners. The policy would be less than the statutory tax rate as a DP. If the lender is a disease that another strike is against you because of your credit score used in the characterization of the policy.
Here are some possibilities. First, you should check the agent, which insures home and explain that you could or this house to preserve and can even be used as a vaction, so you could become a second home for you. I suggest this because you could be cleaning, painting, cleaning things, StaYing couple of nights just for reasons of security, until you find a tenant or the sale.
Secondly, if you really want to try to find coverage from companies such as countries in the Home Loan Company, Balboa Insurance companies cover company. You can also apply to the property insurance policy in this way.
It takes really take steps to timers on lights and go home as often as you can.
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