Visalia, CA · Member since 2014 · 2 posts · 0 votes
I took title to a property in Colorado almost two weeks ago. I can't locate a company to insure the house. Does anyone know of an insurance company in Colorado or nationwide that might be able to help me get it insured? I would be grateful with any information you provided. Thank you very much.
Rental Property Investor · Closter, NJ · Member since 2015 · 884 posts · 722 votes
11y
I had that same problem. Regardless of the fact that I was in the process of doing some repairs/improvements to the newly-purchased house so that I could rent it out, and regardless of the fact that I was at that house every single day keeping an eye on it, the bottom line is insurance companies don't want to insure vacant houses. I finally found an insurance company to insure it, but they nagged me weekly, and threatened to cancel multiple times, until I finally got it leased.
Any Farmers Ins agent has been able to get me a vacancy policy. I used Josh Applegate. He was quick and gave me a fair price on the policy.
Josh Applegate
(970) 250-3877
I concur with Mike. I've found Foremost, sold by Farmers Insurance has a vacant property policy (with a number of qualifications). Expensive, not great coverage, but better than being naked.