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Rehabbing & House Flipping
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Updated 10 months ago on . Most recent reply

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13
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Chengning Yang
  • Flipper/Rehabber
4
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13
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House Flipping Insurance

Chengning Yang
  • Flipper/Rehabber
Posted

What kind of insurance do rehabbers get? Builders risk insurance with general liability? Which company would you recommend? I'm currently looking for one for a single family one story home without HOA.

Most Popular Reply

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522
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Owen Rosen
  • Professional
  • Clinton Township, MI
205
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522
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Owen Rosen
  • Professional
  • Clinton Township, MI
Replied
Quote from @Bob Stevens:
Quote from @Chengning Yang:

What kind of insurance do rehabbers get? Builders risk insurance with general liability? Which company would you recommend? I'm currently looking for one for a single family one story home without HOA.


 Simple my Ins co, calls it vacant insurance. Just call your insurance co. Do you have a deal you are working on ?


 Vacant property insurance in and of itself is not enough to cover during remodeling.  It depends on what work is being done and the rules of the particular insurance company/policy.  Talk to your agent and don't try to hide material facts about what you're planning to do.  Will only cause issues in the long run.

  • Owen Rosen
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Royal Oath Insurance Group
4.9 stars
146 Reviews

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