Knob and Tube Wiring in a rental - Philadelphia
I am currently looking to purchase a rental property in the Germantown area of Philadelphia. These homes often have knob and tube wiring. I heard that less and less insurance companies are insuring homes with knob and tube. I reached out to a few insurance carriers, and the best I got was a company that said they could insure a house with knob and tube if it was built after 1940, but then when they looked up the exact property of the house I was looking to make an offer on (built in 1950), they said it was in fact not eligible to be insured by them. Does anyone know of a company that will insure a house with knob and tube in the Philadelphia area?