if the previous owner of a house makes a claim on his/her insurance policy, does the claim die when they sell the house on to someone else?
and especially if he doesn't disclose this information to the new owner, if the new buyer makes a claim on the same house within the 5 year time period?
and what if the new person has a mortgage on the property and all parties (except the previous owner)
don't know that there was a claim?
is the house legally insuranced in the above example, and would the bank look for their mortgage money back if the house wasn't officially insured?