Locating a Felon Friendly Insurance Company
One good piece of advice is, if the felon had car insurance, they might want to simply ask that same company for a homeowner’s insurance policy. If there was no severe history of auto insurance claims, it certainly can help their odds! But again, the felon must always bear in mind, never try to cover up the past. Yes, telling the truth can potentially impact their ability to get coverage, but if the truth is discovered after, it will absolutely impact the deal.
It’s far better to be honest, get denied, and keep looking that to try and cover it up, then get denied later. Do these insurance companies talk to each other? If you lie to one, will they tell the others? It’s possible.
The bottom line is, never give up hope, be forthcoming, and do your best to fix your credit score in advance, if possible. If you’re able to find a mortgage company willing to offer you credit to buy a home, you should be able to find a homeowner’s insurance company… But don’t that that for granted. Do your homework first!
Hopefully this article provided useful information for felons in need of homeowner’s insurance, so they can have the same security and coverage for their home as everyone else!