# Any problems obtaining property insurance before trustees deed is recorded?

**URL:** <https://community.propertyradar.com/t/any-problems-obtaining-property-insurance-before-trustees-deed-is-recorded/1992>\
**Category:** Foreclosure Investing\
**Created:** [June 8, 2010, 10:43pm UTC](https://community.propertyradar.com/t/any-problems-obtaining-property-insurance-before-trustees-deed-is-recorded/1992 "2010-06-08T22:43:25Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![InterestedBuyer](https://avatars.discourse-cdn.com/v4/letter/i/6bbea6/32.png) [@InterestedBuyer](https://community.propertyradar.com/u/InterestedBuyer)\
**Post date:** [June 8, 2010, 10:43pm UTC](https://community.propertyradar.com/t/any-problems-obtaining-property-insurance-before-trustees-deed-is-recorded/1992/1 "2010-06-08T22:43:25Z")

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Has anyone had problems obtaining property insurance on a house bought at auction with only the receipt given from the auctioneer? I would assume right after placing the winning bid and filling out vesting information a buyer would want to insure the property that afternoon. Does the insurance company need to see a copy of the trustees deed or have it recorded before insuring? I will be flipping and was told that insurance for investment property is typically twice as expensive as owner-occupied (i.e. $2,000/year instead of $1,000/year) due to contractors working on house, etc but can’t get a clear answer as to whether I can obtain insurance the day of winning the auction. Any comments appreciated. Thank you.

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**Author:** ![Michelle2](https://avatars.discourse-cdn.com/v4/letter/m/cab0a1/32.png) [@Michelle2](https://community.propertyradar.com/u/Michelle2)\
**Post date:** [June 8, 2010, 10:57pm UTC](https://community.propertyradar.com/t/any-problems-obtaining-property-insurance-before-trustees-deed-is-recorded/1992/2 "2010-06-08T22:57:00Z")

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There is a great forum on this topic. To read the thread you can go to [http://www.foreclosureradar.com/forum/buyers-and-investors/buying-auction/property-insurance-after-purchase](http://www.foreclosureradar.com/forum/buyers-and-investors/buying-auction/property-insurance-after-purchase)