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Updated almost 12 years ago on . Most recent reply

User Stats

127
Posts
10
Votes
Matt Liu
  • Jersey City, NJ
10
Votes |
127
Posts

Forgot to Buy Insurance!!!

Matt Liu
  • Jersey City, NJ
Posted

I can't believe this - I just realized that the house I bought on Friday still has no insurance!!! Fortunately there isn't much there since it's a shell to be rehabbed. But no!!!!

Is there any way I can order insurance online tonight until the business day tomorrow?

Also should I be worried about telling the insurance agent that I bought it without insurance and am buying it now? Will that trigger any red flags or costs?

Thanks!

Most Popular Reply

User Stats

13,453
Posts
8,355
Votes
Steve Babiak
  • Real Estate Investor
  • Audubon, PA
8,355
Votes |
13,453
Posts
Steve Babiak
  • Real Estate Investor
  • Audubon, PA
Replied

If you paid cash, no real problem. If you financed the purchase, the lender might not be happy should something bad happen.

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