our family lost home coverage sold to us now the insurure wont cover it!

[beachguy]

What is the name of your state? Washington!
Mutof En still covers our post and pier home. we are about to buy it from our family, but cant find insurance. MoE is the current acrrier but states they will not renew the contract? can we make them? finding another insurer has been hard and will kill our opportunity to buy this lovely place!

 

[Country Living]

Need clarification

I'm having trouble understanding your post. You refer to the property as "our home" yet you say you're in the process of buying it. Which is it? A non-renewal to a current policy holder is a different than declining to offer a new policy to a new owner.

Assuming you're buying the property, the company currently providing insurance on it is not bound to continue coverage when the property is sold. There could be a variety of reasons, none of which you're provided. What were you told? There may be eligibility requirements and you don't qualify. There may be underwriting reasons. They may simply not be offering "new" (that's new to you not new to the property) coverage in that area.

If you have a current homeowner's policy IN YOUR NAME, have you contacted that company? Have you contaced the company that has your auto insurance?

 

[moburkes]

What's a "post and pier home"?

No, you can't MAKE a company RENEW a policy. Also, they would only be RENEWING it "as-is", meaning that its no longer a renewal when you change the ownership of the property. Its a new purchase.

 

[Betty]

What's a "post and pier home"?

No, you can't MAKE a company RENEW a policy. Also, they would only be RENEWING it "as-is", meaning that its no longer a renewal when you change the ownership of the property. Its a new purchase.

I believe some foundations are post & pier foundations - I don't know that much about them but understand that there could be a problem if an earthquake. There is a tendency of posts to shift off piers & beams to shift off posts. This could cause part or all of house to collapse. I know someone who had that type of foundation. However, they did something to strengthen the foundation. I agree that you can't make a co. renew a policy or issue a new policy.

 

[moburkes]

Thanks for the info.