Is Homeowners Insurance Transferable? 
Generally not . Home insurance is individually underwritten , meaning that the cost of coverage is not only dependent on the property being insured , but also dependent on the individual insured . Age , occupation , credit , smoker or non-smoker , animals owned , prior claims can all factor into the cost . So typically you will need to obtain a new homeowners insurance policy when buying a home rather than taking over the seller 's policy . 