Home insurance as titled above is loosely used: "condo", "home", "rental" insurance is considered "property" insurance.
When a customer sells a home, there may be a valid reason NOT to cancel the "Home" insurance. Many policies extend coverage to the belongs in the self-storage facility. Keeping coverage positions the customer with protection for that stored personal property.
Also, if the customer closes on the sale and has more than 30 days prior to the next purchase, there are discounts that the customer could loose. 10-15% discounts are afforded by several insurance companies if the customer has had no lapse of insurance.
Giving insurance consul to your client is not as strong as giving perspective to a concept and then having them contact their agent. Your insight will help you build that long term relationship.
Matt Locke www.GeorgiaHomeInsurance.com
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