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Updated over 9 years ago on . Most recent reply

Patrick Fleming's profile image
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Patrick Fleming
  • Vendor
  • from Burleson, TX
  • Member since Aug 27, 2015
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Patrick Fleming's profile image
Patrick Fleming's profile image
Patrick Fleming
  • Vendor
  • from Burleson, TX
  • Member since Aug 27, 2015
Connect
Patrick Fleming
  • Vendor
  • Burleson, TX
1
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11
Posts
Starting Out

Any tips on choosing an insurance provider for my first flip?

Patrick Fleming
  • Vendor
  • Burleson, TX
Posted

Good morning BP - my business partner and I are getting ready for our first project.  We have everything lined up except for an insurance provider.  We are targeting a low end flip to start looking to get in and out as quickly as possible.  Can anyone recommend an insurance provider?  Are there any pitfalls or advice you can offer?  Thank you!

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Jay Dewberry's profile image
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Jay Dewberry
  • from Covington, Georgia
  • Member since Sep 27, 2014
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Jay Dewberry's profile image
Jay Dewberry's profile image
Jay Dewberry
  • from Covington, Georgia
  • Member since Sep 27, 2014
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Jay Dewberry
  • Covington, GA
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Jay Dewberry
  • Covington, GA
Replied

Hi Patrick. I did a and there seems to be many suggestions for investor friendly insurance companies. Just make sure to get an Open Peril/All Inclusive type of policy. Some call them HO-3/DP-3 style policies. That way you'll have the most coverage for unforeseen circumstances. Hope that helps.

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