Won't insure with Active cloth wiring?

[Joshua Pavao]

Hey everyone, just curious if anyone has run into this before,

Currently have a property under contract in Broward County, Florida, and once the 4 point was sent to the insurance company they said they do not have anyone that covers active cloth wiring. Is this common? 

I currently have someone else working on a binder to see if  they'll cover it, but just wanted to see what others have dealt with in this topic.. the small research that I've done on cloth wiring has shown that it doesn't seem to be any real hazard or even necessary to replace unless if there are apparent issues with the wiring.