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Bridging Insurance When
You Move
People often think of “bridging” from a financing point
of view when the closing of the old home, doesn’t
coincide with the purchase of the new home and the
mortgage has to be “bridge financed”. The same is true
with insurance – for a variety of reasons, you may find
yourself with two properties to insure, instead of one.
Utter Morris can help in these cases often by “holding
covered” for short periods on both properties. In cases
where the bridge will be an extended period of time, it
may be necessary to arrange special coverage to make
sure both properties remain insured.
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