Question by Betty L: can you get a homeowner policy on a house that is going into bankruptcy?
trying to stop bankruptcy, mean while lost homeowner coverage. can I get another homeowner policy.
Best answer:
Answer by mbrcatz
Most likely yes – but it’s going to cost you a lot more, and you’ll likely have to pay the full year up front.
In states that have a “FAIR” plan, you can get a limited policy at a reasonable cost. Even without, you can get a high risk policy (at a high risk price) through a company like Foremost Insurance. Once your credit score is low enough (usually under 550) no standard company will give you a policy – unless you live in California, which doesn’t credit score.
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