I found out some good news about the change in Zephyr’s Hurricane Insurance. Policies may be passed along with properties.
For example, If Sue owns a home that is currently insured by Zephyr and I sell it to Bob, Zephyr will still write the insurance, because they have already covered it and that risk had already been covered through reinsurance.
So, if you buy a property where the current seller has Zephyr insurance it’s really important for the seller to disclose their current wind insurer. Thanks to Suzie Cooney from Countrywide Home Loans for forwarding this information to us. for For additional questions on Hurricane Policies or buying homes on Maui, contact us today.