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Updated over 7 years ago on . Most recent reply

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Danielle Palleschi-Browne
  • Real Estate Agent
  • Washington, DC
1
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15
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Home owners insurance on a flipped single family home

Danielle Palleschi-Browne
  • Real Estate Agent
  • Washington, DC
Posted

Hi BP community! I wanted to reach out and get some advice about what type of home owners insurance you get when flipping a single family home. Been doing some research and coming up blank. Called AllState and State Farm and they will not offer insurance unless the property is occupied. Seems like I have to find an independent brokerage for this type of insurance. Any input or advice would be greatly appreciated. 

Thanks!

Most Popular Reply

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Jason Hirko
  • Lender
  • San Antonio, TX
1,511
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1,730
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Jason Hirko
  • Lender
  • San Antonio, TX
Replied

@Danielle Palleschi-Browne You really need a builder's risk insurance policy, or at the vary least a vacancy policy. Independent brokers are the easiest way to get one of these. Look into commercial insurance agencies as opposed to home owner insurance agencies.

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