Union City, NJ · Member since 2017 · 18 posts · 4 votes
Hello BP members. I am in the process of buying a home and there will be 3 people on the deed including me that will be occupying the home.
Does anyone know which home owner's insurance company will cover us with 3 people on the deed? I called Geico and they said they couldn't find a provider. The home is located in North Bergen, NJ.
Hi Wagner, I refer a lot of my clients to David Sayles in Glen Rock. He knows insurance like the back of his hand and has been a great resource to me and several of my clients. If you need additional resources, please let me know.
Who are the other people on the title. Will they be residents, are they relatives, etc. We have about over 2 dozen carriers, many of whom write in NJ. With some more info I may be able to point out a few that will do the Homeowners policy.
Thank you all for your advice. I was planning on calling other carriers, but I wasn't sure if it was even possible. The rep from Geico made it seem like it was going to be difficult.
The other 2 people on the deed will be residing in the home and are co-borrowers.
They are not relatives, but very close friends who want to get into investing like me.