Why would you be refused home insurance?
Why would you be refused home insurance?
You can be refused homeowners insurance based on your claims history or credit score, or due to underwriting risks such as having a pool, an old roof, or a vicious breed of dog.
What makes a home uninsurable?
In the housing market, an uninsurable property is one that the FHA refuses to insure. Most often, this is due to the home being in unlivable condition and/or needing extensive repairs.
Is unoccupied home insurance more expensive?
How much does unoccupied house insurance cost? Unoccupied property insurance tends to be more expensive than standard home insurance. This is because vacant properties are considered a higher risk by insurers. Dec 20, 2021