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Updated about 6 years ago on . Most recent reply

Leslie Purdy's profile image
Leslie Purdy's profile image
Leslie Purdy
  • Real Estate Coach
  • from Melbourne, FL
  • Member since Apr 2, 2017
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Leslie Purdy's profile image
Leslie Purdy's profile image
Leslie Purdy
  • Real Estate Coach
  • from Melbourne, FL
  • Member since Apr 2, 2017
Connect
Leslie Purdy
  • Real Estate Coach
  • Melbourne, FL
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Insurance

Insuring a Rental while active lawsuit against old insurance co.?

Leslie Purdy
  • Real Estate Coach
  • Melbourne, FL
Posted

2 years ago, we found a water leak inside the wall.

We made a claim.  Universal denied the claim.

We filed suit against them.

Now we cannot find new insurance at all, so lender FORCED their insurance at $3200 per year.

Do you know of ANY insurance company that MIGHT insure us with the pending lawsuit? 

The lawsuit is on our homestead AND we are challenged to find insurance on our rentals!

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