Options to get Hurricane insurance in 2022?

[David Smith]

Here is the situation. I would love to hear your options to solve this issue:

1. I need to find hurricane insurance in 2022 to close a transaction, that will use an SBA lender

2. All the insurance companies I contacted said they closed their book for 2022 and don't write policies this year anymore....and don't tell me when in 2023 they will open their book agin

3. The property is in the US Virgin Islands.

Do you have/know any solution? How would you deal with this situation?