Homeowners Insurance - Home Has Multiple Owners

[michstip]

Our father passed away and ownership of his home transferred to his 4 heirs (me and my 3 brothers). None of us live in the home. How do you get homeowners insurance for a home with 4 owners?

I have been asked to "take care of things," but if I purchase the policy and I only have a 25% interest in the home, how will that work if we have to make a claim?

Thanks VERY much for any guidance.

 

[Milkman1265]

you ask for a landlord or a dwelling non owner / tenant policy.

you need to list all the owners on the insurance. just speak to an local agent and he can do this for you right away.

 

[AdvisorsIns]

Is the home vacant or occupied by a renter?

 

[Accelerated]

Why would you post this twice? You already posted the same question in the Homeowners Insurance section.