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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Get insurance coverage while the property is still occupied. Posted by Ward-CA- on April 03, 2002 at 6:09 PM In Reply to: Un-occupied Insurance Coverage posted by Jock on April 03, 2002 at 2:49 PM : I'm about to purchase my first foreclosure but was told by my insurance agent that they will not write a policy for an un-occupied residence. Basically he said I would have to live in it... How do other investors deal with this situation? : Thanks in advance =•=•=•=•=•=•=•=•=•=•= Jock, I call my insurance agent within an hour of buying a foreclosure, getting an insurance binder in place on the new property until I can get an insurance policy underwritten. At the time the property is usually occupied by the ex-owner. So when I’m asked if the premises are occupied I can answer “Yes” and I won’t have to live there. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : I'm about to purchase my first foreclosure but was told by my insurance agent that they will not write a policy for an un-occupied residence. Basically he said I would have to live in it... How do other investors deal with this situation? : : Thanks in advance : =•=•=•=•=•=•=•=•=•=•= : Jock, : I call my insurance agent within an hour of buying a foreclosure, getting an insurance binder in place on the new property until I can get an insurance policy underwritten. : At the time the property is usually occupied by the ex-owner. So when I’m asked if the premises are occupied I can answer “Yes” and I won’t have to live there. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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