You don't need either of those things to sign the contract. But you do need them to go to closing. Any contract provided by a Realtor will have contingincies for both items. And most Realtors won't even show you any houses unless you're pre-approved for a mortgage. At least that's how it used to be - we paid cash for our current house (actually, we built it ourselves) so we haven't had a mortgage in years.I don't know much about buying houses, I just bought one, but how do you get a contract without insurance or a mortgage? I thought it was all part of the process.
Of course they can. They're private businesses and can do whatever they want. It's the same as when I had a muscle car back in the 1970s. Even with no accidents or tickets, I had a hard time getting insurance for it. Why? Single, under 25, in the military, and a high performance car. When I was transferred to MA, I was able to get basic liability because it was a mandatory insurance state (many were not back then). Cost me $700 a year for a $3,000 car. BTW, I'm now 65 and still have not had an accident.If you have a licensed electrician (or better yet, the local electrical inspector) sign off on the wiring, I don't see how the insurance company can refuse you.
Keith is buying, not selling.I don't understand why your insurance copy cares. You are selling the house as is. It should be the buyers problem. I'm confused.