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bsweet1 · Jun 3, 2008, 02:59 PM

My friend purchased a home with his fiance'. I was put in her name because of some business concerns. My friend has always made the payments on the house. She left sometime ago They agreed he could stay in the house. He has continued to pay for the home and the insurance as part of martgage payment. He has never lived anywhere else since the house was purchased. The VA required the HO insurance to be in the purchasers name.

Is he covered under the liability portion of the HO policy since he was originally covered (as fiance'), has always paid the Mortgage as well as the HO premium?

excon · Jun 3, 2008, 03:14 PM

Hello b:

You haven't given me any reasons to believe that he ISN'T covered. But, of course, I don't know the details of the policy, or the requirements of the mortgage.

excon

ballengerb1 · Jun 4, 2008, 12:46 PM

Is he named on the insuance policy in addition to his ex? If he isn't specifically named he has no coverage for liability. I think your friend has made some bad decisions and should have gotten her name off the title, this is not his property and she could claim it back or sell without his permission. He is little more than a tenant even though he is paying the mortgage and insurance.

readersr · Jun 8, 2008, 07:32 PM

As ballengerb1 implied, he is a tenant and such if he is not a named insured or listed as an additional insured he has no rights under the homeowners policy. He would need to purchase tenant insurance for his belongings and also to pick liability coverage.

Fr_Chuck · Jun 8, 2008, 07:43 PM

The coverage is for the home, in case someone is hurt on the property of the home. The insurance policy should list all of the owners of the property ( if various names on deed) If he is not on the deed and not listed on the policy as owner, He in fact needs a renters policy to cover his liabiity and his belongings

readersr · Jun 8, 2008, 07:47 PM

Just to touch on fr_chuck's response any named insured or additional named insured has liability that extends also away from the premises, i.e. you damage someones' property at their house or you cause injury to someone off your premises.

JudyKayTee · Jun 9, 2008, 05:36 AM

Originally Posted by readersr

Just to touch on fr_chuck's response any named insured or additional named insured has liability that extends also away from the premises, ie, you damage someones' property at their house or you cause injury to someone off your premises.

Would you clarify what type of insurance you are explaining - homeowners? At least in NYS you are most definitely not 100% correct here.