If you have the opportunity to purchase an underpinned home, you should usually jump at the opportunity. Although you will need to make sure that the structure is now secure with a thorough home inspection, the amount of money that you will save on the total purchase price will allow you to afford a home that is larger than you would normally be able to afford. Imagine being able to buy a house in posh area, where your children will be able to attend top schools. You can save more money and put it towards your retirement fund, and finally be able to take the vacation you have wanted to go on for years. The only downside to purchasing an unpinned home is finding a homeowners insurance provider that will extend coverage. Underpinned home insurance policies are a huge risk in the insurance industry. Should your home begin to exhibit the signs of structural damage, the costs that your homeowners insurance company will be quite substantial. The truth is, most insurance companies don’t want to take on this type of risk.

If you are not able to find a company that is willing to insure your underpinned home, you could risk not being able to move in at all. Instead of spending hours on the phones with homeowners insurance agents trying to get coverage for your underpinned home, you can go to the Fresh Insurance Group for your insurance needs. They will quickly and expertly review your application, and likely extend you the coverage that you need to close the deal.