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Updated about 8 years ago on . Most recent reply

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Ishviyan D.
  • Investor
  • Columbus, OH
30
Votes |
70
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insurance on pre-rehab properties

Ishviyan D.
  • Investor
  • Columbus, OH
Posted

My insurance agent (state farm) mentioned they can't provide insurance on a home that is in need of rehab in order to get it rent-ready. Does anyone have suggestions on insurance companies that would provide insurance in such situations? Thanks

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345
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Eugene Kemp
  • Ormond Beach , FL
223
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345
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Eugene Kemp
  • Ormond Beach , FL
Replied

We have some exhorbitant coverage on a flip as we renovate.....about $10 a day. Underwritten by Lloyd's of London. Hard to find anyone to touch it.

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