Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

10
Posts
0
Votes
Sean Leahy
0
Votes |
10
Posts

looking for insure a burnout house

Sean Leahy
Posted

I just brought a burnout house and I closed on 10/08/21. I'm looking for insurance company to insure it! does anyone have any recommendation ?

Most Popular Reply

User Stats

3,422
Posts
4,022
Votes
Charlie MacPherson
  • China, ME
4,022
Votes |
3,422
Posts
Charlie MacPherson
  • China, ME
Replied

@Sean Leahy Ask your insurance agent.  You'll not only need liability, but as you rehab you'll also need "builder's risk" and "vacant property" insurance.

Also talk with the insurer about what they want for risk reduction - things like a fence around construction, posting signs, etc.  You might find that the site will be classified as an "attractive nuisance", so be sure to follow the rule of the town and insurer so you don't get sued if a bunch of drunk teenagers get hurt in there.

Good luck!

Loading replies...