Vacant Insurance for Duplexes in High Point
Hey, guys. I just purchased 2 duplexes in High Point, NC area and looking for an insurance company to get a vacant policy for bothof them.
I spoke with Foremost - they put on hold writing new policies across NC due to hurricane Nicole(!). What insurance company would you recommend to "go to" ?
Thanks in advance!
#2 Insurance Contributor
- Insurance Agent
- Nationwide
@Pavel Rudokha we are seeing moratoriums from all of our insurance carriers for SE coastal states until Nicole passes. It's Monday Nov 7th, and I believe most carriers will lift the moratorium by Thursday, Nov 10th. I'd circle back with them at that time if you can wait.
American Modern Insurance
#1 Insurance Contributor
- Insurance Agent
- Norwalk, CT
Pavel,
If you are planning on renovating the duplexes, you can also look to a Renovation Builders Risk policy. that type of policy covers the existing structure and also the renovations. A Vacant Dwelling policy would not be the form I would normally recommend if you are doing renovations (although some Vacant Dwelling policies can be endorsed for the Renovation work)