Originally Posted By: rfarruggia
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These are the insurers currently writing in NJ
I have not contacted all of them, but as far as I know, none are writing new policies for properties with K&T. A few are even refusing to write new policies for houses with asbestos shingle siding. Why? well, because they can. I never got a straight answer about the underwriting guidelines for the siding, even after directing them to USDOH and EPA findings, but as for K&T, there is nobody that considers K&T to be anything other than archaic at best or a potential fire hazard at worst.
Not that there is anything inherently wrong with K&T (other than being ungrounded), I mean, it can still work, but the vast majority of existing K&T has been improperly tapped, spliced or otherwise modified over the years. They (insurers) are justified in their assumptions about the potential dangers of K&T.
I just say to my clients that there is a strong likelihood that they will have difficulty finding an insurer who will write a house with any K&T, and always recommend replacement.