How would insurance coverage be handled for property which is to be transferred to an estate? I am executor for relative's estate, which includes a residential property and a vehicle. There is no existing mortgage on the home, nor any debt owed on the vehicle. However, the insurance on these items has been paid thru October in the deceased relative's name. When these are transferred to the estate will another payment need to be paid or can a proration be made for payment? Should I wait until the current coverage expires before transferring the properties to the estate?