Occupied Rental Property Without Insurance

[Michael Lynch]

Hi, 

We are thinking about buying a property in cash that is currently occupied by two tenants. The property has some exterior issues that will most likely prevent us from obtaining a traditional landlord or home owners insurance policy. Assuming that the tenants are still there when we purchase the place, are there other types insurance or products that could cover us for liability while we repair the issues precluding insurance coverage?

Thanks!