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Updated over 4 years ago, 05/09/2020

User Stats

41
Posts
11
Votes
Jeff Plotkin
  • Rental Property Investor
  • New York City, NY
11
Votes |
41
Posts

Insurance Company Cancelling 1 month after Close

Jeff Plotkin
  • Rental Property Investor
  • New York City, NY
Posted

There is an issue with my home because it is wired with aluminum wiring. Most insurance companies would not take on my house, however I found one that did. Now 1 month after closing, they want it repaired. My broker recommended I change to this other provider for around the same price, and my quote to make the repair is $3,000.

Should I just change insurance and hope they don't request this repair, or just make the repair?

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