Insuring Your High-Risk Home
Whether your dream home is situated on a sheer cliff that commonly gets battered by storms or you are looking to buy in a riskier neighborhood so you can get more house for your money, there may come a time where you want to purchase a home that insurers will consider high risk.
Of course, you should have the freedom to buy whatever property will best meet your family’s needs, but this could present a problem. You may have a difficult time obtaining coverage if you live in a high-risk area. Fortunately, you have a few options for finding the policy you need.
Talk To Your Agent: If you have a good relationship with your existing homeowners insurer, give them a call. Ask your agent which improvements you can make to make your home less risky to insure and if there is anything else you can do to ...