Good morning fellow REIs,
Does anyone have any suggestions/recommendations for an insurance company that sells liability insurance coverage for a vacant lot. I know Builders Risk Insurance kicks in once I start the build, however, I'm looking for liability insurance to cover the lot while it is just sitting there. Any recommendations/leads or suggestions would be greatly appreciated.
As background, I'm closing on a vacant lot purchase today in Indianapolis. I will construct and sell a new build SFH on this lot. I'm happy to share my experience, so far, with the lot search and purchase process with other investors who are interested in this route.
Thanks in advance,
@Eric G. there are a few companies I use for my clients in these situations. I'll PM you some info.