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General Landlording & Rental Properties

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Emillio Henry
Pro Member
  • Real Estate Agent
  • Lagrangeville, NY
9
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21
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Do you need to purchase insurance for flips?

Emillio Henry
Pro Member
  • Real Estate Agent
  • Lagrangeville, NY
Posted Oct 29 2020, 14:32

I hired an attorney for a house I'm flipping and he asked me if I have insurance for the property. This caught me by surprise, being a first time flipper I wasn't aware I needed any sort of insurance for a property I only intended on holding for 3 to 6 months through my LLC. Can anyone shed any light on this and what insurance if any you've purchased when flipping houses.
Thanks,

E.

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