How can buyers buy an old home with electrical, insurance woes?

How can buyers buy an old home with electrical, insurance woes?

Question: We bought an older home. We must apply for final loan approval with an insurance binder quote. That is a problem. The insurance broker cannot provide a quote. The insurance broker wrote today, “For a home built in the 1940s, there is a high chance there is active knob & tube (electrical wiring) if