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Foreclosure Forum |
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InsuranceJust wanted to let everyone know that Farmers Insurance has issued a new underwriting policy that they will not insure a vacant home, even if it is just temporarily vacant during remodeling. They have inspectors driving by and checking the houses. So, my insurance got cancelled and I have to insure with California Fair Plan. Not clear how this is any different than purchasing for rental, but I was honest with them and it got me cancelled. Just a warning to everyone trying to get insurance for their purchases.
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