Cloth Wiring and Insurance

[Mendy Blasberg]

Hey BP, curious if anyone has run into this before,

I am set to close on a duplex in central Florida and cloth wiring was found in both units during the inspection. Every insurance company I reached out said that they wouldn't issue a policy until the cloth wiring is removed. I plan to replace the wiring but would like to have the house insured from the time of closing.

Wanted to know if others have dealt with in this in the past and perhaps know a way to get approved for a policy while still having cloth wiring?

Thank you in advance!