Life after death is not easy, not all policies are designed to cover such incidents. For this, there is the probate process to sell or transfer the home since the original policy will not be transferable. One of the most frequently asked questions is if the homeowner’s insurance automatically transfers to a beneficiary when the homeowner dies, in this case, the insurance can be transferred to the resident spouse who generally should have been listed in the information provided at the time the policy was purchased. At that time the policy is requested to be rewritten and is the easiest method of maintaining coverage.
It is very normal for companies to allow up to one month for the deceased person to be notified of the fact and to be able to act with the pertinent measures. This type of incident can take a long time, generally, the insurer needs to evaluate the options to be able to cover the house until it is sold or transferred. During this process, the spouse must make arrangements for continued coverage, or a person buying the house must make insurance arrangements. It is your responsibility to inform the insurance company of the change so they can close the old policy and open a new one if the homeowner wishes.
If there is no spouse or no one can live in the house, it will be necessary to pay for a new policy that can cover any type of incident while the house is unoccupied. Keeping it insured is important because of the risk of damage or theft. So to answer your question: does homeowner’s insurance automatically transfer to a beneficiary when someone dies? Yes, to the resident spouse, as they would normally also be listed on the policy. Being prepared for this type of situation although it is not easy to assimilate is important since handling the legal issue can be complicated, the best thing to do is to have all the legal processes up to date and avoid inconveniences in the future.