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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Potential problem getting insurance? Posted by Peter on February 18, 2010 at 11:44 AM In Reply to: Potential problem getting insurance? posted by Alfred, SoCal on February 17, 2010 at 11:39 PM : Can one run into difficulties when trying to obtain an insurance policy (fire, hazard) on a house that they just bought at trustee sale? Do insurance companies back off on foreclosures bought by 3rd parties? Thanks in advance. depends on the agent. Assuming you refer to SFR. My State Farm agent only insures - owner occupied or - renter occupied and I have to show a rental contract within 30 days The agent understands the nature of the situation and tells me State Farm cannot do it. But if you ask enough agents, you will find someone who does it. Follow Ups: Re: Potential problem getting insurance? Alfred, SoCal 4:40 PM, 02/18/10 (4) Re: Potential problem getting insurance? Kristine-CA 8:43 AM, 02/19/10 (3) Re: Potential problem getting insurance? Geri 8:39 AM, 02/21/10 (2) Vacant = higher risk Rick, the Probate Guy 11:46 AM, 02/21/10 (1) Re: Vacant = higher risk Bret 3:13 PM, 03/12/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Can one run into difficulties when trying to obtain an insurance policy (fire, hazard) on a house that they just bought at trustee sale? Do insurance companies back off on foreclosures bought by 3rd parties? Thanks in advance. : : depends on the agent. Assuming you refer to SFR. My State Farm agent only insures : - owner occupied : or : - renter occupied and I have to show a rental contract within 30 days : : The agent understands the nature of the situation and tells me State Farm cannot do it. : But if you ask enough agents, you will find someone who does it. [ 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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