Do all owners have to have their name on home insurance papers?
Posted on August 05th, 2008 in Home Insurance
L. K asked:
I am just wondering if two people own a home if one of them can buy the home insurace? Will the other individuals belongings be convered even if their name is not on the insurance but they are a legal ower of the home? We’re cramped for time and only one of us will be able to get the insurance done. Any help would be great!!
I am just wondering if two people own a home if one of them can buy the home insurace? Will the other individuals belongings be convered even if their name is not on the insurance but they are a legal ower of the home? We’re cramped for time and only one of us will be able to get the insurance done. Any help would be great!!
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Tags: Home Insurance, People
This post has 2 comments
August 7th, 2008
This isn’t a loan, just call State Farm or your agent and get their insurance, both married parties don’t have to sign. My husband never gets involved with anything concerning the home, finance, or cars.
Even on a home it takes one to buy, two to sell.
August 10th, 2008
No, both of you do not need to sign the application. Both names should be on the policy (you should make sure they are both there) but only one of you needs to sign.
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