Property Insurance refund

[Shanequa J.]

How do I get an insurance company to refund me (buyer) the remaining balance of the seller's property insurance? Do I need an authorization letter or is the purchase contract where the seller agreed enough?

[Joe Bertolino]

They will send the refund to their client. Collecting that money is between you and the seller. In my 13 years experience as an insurance agent I have never seen a company issue a refund check to somebody that did not have an insurable interest in the property under the policy.