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Aston Lawyer
Aston Lawyer, Solicitor
Category: Law
Satisfied Customers: 10737
Experience:  Solicitor LLB (Hons) 23 years of experience in Conveyancing and Property Law
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Is it possible to assign a buildings insurance policy?

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Is it possible to assign a buildings insurance policy?
Hello and thanks for using Just Answer.
My name is ***** ***** am happy to assist you with your enquiry.
Could you give me a little more information as to your position, please?
Customer: replied 3 years ago.

Can I assign my current Buildings Insurance Policy to a buyer for my home?

I'm afraid not. Your Buyer will have to take out a new Policy in their own name.
If there is a query with the Insurance, preventing your Buyer from getting a policy with another Insurance Company, your existing Insurance Company are under a duty to continue with insuring the property for your Buyer, provided the query which is preventing your Buyer from getting insurance elsewhere was disclosed to your insurance Company, when you took out the policy.
I hope this helps and sets out the legal position.
Kind Regards
Aston Lawyer and other Law Specialists are ready to help you
Customer: replied 3 years ago.

Excellent and quick reply as always thank you!

Best Wishes