When you are ready to sell your home, there are a number of steps to getting everything taken care of. One of the last steps in the process should be the cancellation of your homeowner’s insurance. Even if you have already moved out of the home, you need that insurance in place for a variety of reasons. Liability Risks While Selling When you are selling your home, you have a number of people entering the home and walking around the property. If one of them is injured, you remain responsible for that injury even if you no longer live there. As long as you are the homeowner of the property, you remain the person who is liable for anything that happens there. Having a lot of people coming and going can increase the odds of something going wrong, and you could find yourself facing a lawsuit or claim against you. Keep that homeowner’s policy in force throughout the selling process to ensure you are protected. Keep Contents Protection With strangers coming and going from your home, your valuables are at risk. Although you hope that everyone who enters your home will respect your property, it might not always be the […]
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