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Updated over 7 years ago on . Most recent reply

User Stats

44
Posts
15
Votes
Kelly Courtney
  • Real Estate
  • Oak Point, TX
15
Votes |
44
Posts

Homeowner insurance while flipping?

Kelly Courtney
  • Real Estate
  • Oak Point, TX
Posted

So we have some rental properties that we have on a commercial insurance policy.  We have started doing some flipping and our insurance company isn't exactly excited about us having contractors coming in and our plan.  

They said we can get some kind of general contractor insurance (meaning ourselves as GC) or we can make sure the contractors have certain insurances themselves.  For those seasoned investors, what are you doing and what suggestions are there for our situation?  Right now we are doing 4-6 a year but goal of 10-12 a year. 

Thanks!

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