I am reviewing my insurance costs in Philly for SFH. Rates appear to be going up. Seeking recommendations for insurance companies and/or agents that handle Philly. I need policies for vacant lots, vacant properties undergoing rehab and tenant occupied.
I own an insurance brokerage in Philadelphia and specialize in rental properties and fix/flips.
I have a few good markers for you I can try.
Updated almost 3 years ago
@Sheryl S. there are specific insurance programs for flippers that you should consider.
These programs bill month to month, It's 1 policy, and the 1 policy can handle flips, vacants, rehabs and rentals. It's much easier than starting and stopping policies all of the time.
I will PM you the info
Sound interesting. Thanks! Is it relevant for buy & hold and land?
@Sheryl S. yes, it includes buy and hold. Currently there are about 15,000 investors throughout the country utilizing the program.