Assignment of Insurance Claim

[Wes Waggoner]

I have a potential seller that has an open insurance claim due to a house fire. He's ready to move on to live with family elsewhere. Any experience or advice about getting the insurance claim assigned to me? My thoughts are he'd assign the claim to me, I'd pay him $X amount for the lot and maybe a percentage of the claim, and then rebuild. State Farm is the insurance company (which I hear can be a pain) FYI. Thanks! -Wes