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Homeowner's Insurance

If someone pays his home insurance for the entire year and then sells it will his policy cover the new owner if the house is damaged after the sale?

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2011-07-20 08:58:06
2011-07-20 08:58:06

No. Insurance policies are non-transferable.

Your home insurance policy automatically became null and void the moment it was sold.

No damage after the transfer will be covered under the previous owners policy.

The new property owner must apply for and qualify for his own insurance policy based on his own merit.

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