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Is it hard to get home insurance with pending lawsuit?

I am looking to buy a condo in San Francisco, CA. The one I am interested in purchasing is currently in the midst of a lawsuit. Specifically, the HOA is suing the builder for water leakage in some units. The unit I am interested in does not have any damage, however. Recently I was informed by a friend that if I were to purchase the unit, I may not be able to find home insurance coverage since insurance companies stay away from homes with pending lawsuit (even though the HOA is the plaintiff and not the defendant in this case). Does anybody have any experience with this or know where I can find more information on it? Thanks!

   








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Is it hard to get home insurance with pending lawsuit?
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Is it hard to get home insurance with pending lawsuit?
I am looking to buy a condo in San Francisco, CA. The one I am interested in purchasing is currently in the midst of a lawsuit. Specifically, the HOA is suing the builder for water leakage in some units. The unit I am interested in does not have any damage, however. Recently I was informed by a friend that if I were to purchase the unit, I may not be able to find home insurance coverage since insurance companies stay away from homes with pending lawsuit (even though the HOA is the plaintiff and not the defendant in this case). Does anybody have any experience with this or know where I can find more information on it? Thanks!


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Is it hard to get home insurance with pending lawsuit?
I am looking to buy a condo in San Francisco, CA. The one I am interested in purchasing is currently in the midst of a lawsuit. Specifically, the HOA is suing the builder for water leakage in some units. The unit I am interested in does not have any damage, however. Recently I was informed by a friend that if I were to purchase the unit, I may not be able to find home insurance coverage since insurance companies stay away from homes with pending lawsuit (even though the HOA is the plaintiff and not the defendant in this case). Does anybody have any experience with this or know where I can find more information on it? Thanks!