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Eric La Pratt
  • Investor
  • Chicago, IL
67
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166
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203k Homeowners Insurance?

Eric La Pratt
  • Investor
  • Chicago, IL
Posted Jan 26 2016, 20:19

I'm weeks away from closing on a 203k in Chicago (proper) and need insurance. Getting a quote has been difficult. I'm being told I can't get a homeowners policy, that I need a very expensive builders risk and general liability policy or a vacant dwelling + rehab policy. However I need a quote to get pre-approved and need a policy to close. What gives? Any suggestions? Are there any Illinois insurance brokers who are used to this?

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