Selling a house with canceled home insurance policy (has tenants)

[Katie Konner]

Please share insight on how to navigate this...Earlier this year, I received notice that the insurance policy I've had since 2016 was canceled because the provider became insolvent. The new insurance company set up a landlord policy because the house currently has tenants. Now, I'm told I must replace the roof or the policy will be canceled though there is nothing significantly wrong with the roof other than age. Through the process of getting a cash-out refi to make all the repairs and updates to the house, the lender's appraisal came back much higher than expected. Now, I've decided to sell the house as is. The tenants lease will expire first of Dec.

What are the possible issues with selling a house with a canceled insurance policy?