Sad to hear the good people at Timbernation had a fire (and no insurance).

@cerrot, perhaps the Audiohon community would be more sympathetic is you gave some context in your original post!  There is a big different between having no fire insurance by choice, and having fire insurance lapse due to an unfortunate oversight.

Someone dropped the ball.  How did the new owners get a mortgage without proof of insurance (assuming a mortgage)?  In the US, don’t most business property insurance policy’s include an anti-assignment of benefits clause in the contract, therefore, prior covered could not be transferred to the new owner.