Home loan insurance for a house which is 15 years old?



Hi
Is it possible to have a general insurance for a house which is 15 years old , but was renovated recently 2 years ago?. Could anyone please let me know if there are any such insurance policies out there.

regards
Mukesh

Home loan insurance for a house which is 15 years old?
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4 Replies to “Home loan insurance for a house which is 15 years old?”


  1. pls clarify what you are trying to insure against.

    Regular homeowner’s [liability and windstorm] insurance can be purchased from many insurance companies and agents. Newer houses, such as yours, may get lower prices due to better construction.

    Flood insurance is purchased from the same agents, but must be bought separately.

    There are other insurances for other purposes; please see a licensed property and casualty agent.

    What you probably can’t insure against is wear and tear or breakdown of equipment in the house itself. Yes, such policies exist — they’re usually sold when a house changes hands to assure the buyers that the sellers are properly representing the condition of the house. An inspection is required, it costs several hundred dollars, and then the insurance may be on top of that.







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