On Jul 7, 10:50*am, dpb wrote:
On 7/7/2011 9:26 AM, bob haller wrote:
...

like I said ask your local insurance company. My state farm agent says
the prohibition on NEW homeowners policies with K&T is nationwide....

...

I just finished telling you the local group is doing rehab's
continuously and it is _NOT_ a problem here. *These are generally
putting first-time homeowners into these so those _are_ _NEW_ policies;
not always but generally. *Either way, we've never had any tentative
homeowner application for insurance turned down for wiring, K&T or no.
In fact, the only problem one I can recall wasn't anything at all to do
w/ the house but the financial history of the client.

What your local State Farm guy is telling you hasn't promulgated here,
anyway, whatever he says. *It may be just his way of covering his
butt--"Hey, it ain't me, it's everybody!" is a good-sounding excuse to
not have to listen any longer to complaints.

I've not looked specifically, perhaps the State insurance commissioner
rulings trump what might otherwise be a desired corporate policy and
they've decided it's not worth pulling out of the state over. *Whatever
is the reason for the apparent dichotomy between your situation there
and here, it is not universal that K&T alone prevents either passing
inspection, obtaining homeowners insurance or selling a residence for a
fair market price.

Others have corroborated that side of the story as well...

You can state a local issue as you wish; I'll continue to counter that
it's not national if you continue to make the generic "one size fits all"..

--

Well home inspectors are natinwide, and if a homeowner EVER will sell
their home, K&T is going to be a issue to make it far harder to sell.
Plus your home is likely the greatest investment any individual will
ever make.

Might as well take care of it, because someday you may want or need to
sell.

and since your group is rehapping nhomes perhaps theres a prefered
bprovider arrangement for insurance?

why not find out who is insuring thoose homes and post the companies
name here......

I have friends with K&T and they are locked in their current
homeowners insurance company because no one else will insure them..