Subject to - Homeowners Insurance

[Jake Rhodes]

Hi BP team

We have a juicy "Subject to" deal in the works and I am curious about the homeowner's insurance. What strategies have you all used to make sure to properly insure the property and make sure we are protected in the event of a claim? Do we need a NEW policy as the Primary? Has this ever triggered the "Due on Sale" clause?

Has anyone actually experienced a claim and had it paid successfully? Or is this a roll of the dice?

Thanks in advance!