Home Buying in 12309>Question Details

rn2015BSN, Both Buyer and Seller in Schenectady County, NY

Pre Closing Homeowner's Insurance Switch?

Asked by rn2015BSN, Schenectady County, NY Wed May 29, 2013

We were required to prepurchase one year of homeowner's insurance before closing and did so. We have three weeks to closing. The policy is not in effect yet, and we got a better quote. The lender already has the current insurance binder. Can we switch before closing with no problems?

Help the community by answering this question:


Shouldn't be a problem. Just ask your lender.
0 votes Thank Flag Link Wed May 29, 2013
Hi Meghan,

You should be able to switch without any problems. This really is a question for your attorney, but with 3 weeks to closing, you can probably switch without issue. Just contact your closing attorney to be sure!

Good luck!
Bliss Properties of NY
Cell: 518-788-8865
0 votes Thank Flag Link Wed May 29, 2013
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