Prior to Closing, Buyer may at its option and at its own cost and expense obtain an attorney's opinion of title, owner's policy of title insurance or other evidence of title acceptable to Buyer.

Airbnb provides guest and user a blanker million dollar liability policy.

Some people will say, "Take out a quality Insurance Policy and you will be protected."

If you close on any propert, get an insurance policy for it to protect you if a loss occurs.I am 59 years old and I found BP about 7 months ago and I am still trying to decide what to do.  

At that point, the buyer (borrower) would be on the title along with the primary lender as lien holder.Underwriting would be jointly agreed on in a formal written Policy and Procedure Manual and Credit Matrix.

Also you should add them to your homeowners policy plus they are warrantied usually for 25 years.

My idea was the house account is our insurance policy in case something went wrong and that money should stay with the house.

Then if it looks like it might have promise the discuss with their internal committee meetings.

As soon as you close on an improved property, get an insurance policy that will protect you if there is a loss.  

We also require their policy number and expiration date.