insurance for a rehab
Hi Everyone!
I have a house that has been gutted. It currently has no insurance on it and I am trying to get insurance. The previous insurer dropped the policy when they found out the house was vacant.
What kind of insurance should I get? I was looking at vacancy insurance then a contractor also mentioned construction insurance. I'm interviewing contractors and the project probably wont start for another month after we get permits. I want to protect the house in case of vandalism, a tree falls on the house or any disasters, etc. Any advice would be appreciated. I called Foremost and they wont insure the house because they said it didn't currently have insurance.
Thanks
Builder's risk insurance (that's the name of the type of insurance you need.)
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Builders Risk