Can you sell a home while you're in the process of getting money for a claim?

Our home was on the market when a hailstorm did significant damage. We filed a claim that was approved and now we're waiting for the check for repairs. Can we still sell the house while we're waiting for the check?

Answer
“You absolutely can sell the house while you wait for the check.
The company already agreed to indemnify you for the loss, so it’s been worked out between both parties. It’s just the same as if you got a broken windshield and you filed a car insurance claim. You could still sell the car without a problem.
The only issue is that you’ll be showing a home that has damage to it. You may want to wait until the work is complete before you continue to show the property or be ready to agree to fix the damage as a part of the sales contract.
Filing a claim can make your home insurance rates increase. Even though you’re selling the house, you might see an increase on your new policy. If you want help finding cheap insurance with the proper coverage, try using Jerry. Jerry will compare rates from the top companies and deliver the best deals to your phone in minutes.”
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Eric Schad
Answered on Aug 13, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
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