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13
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3
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Evan Murnighan
  • Flipper
  • Phoenix, AZ
3
Votes |
13
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Property /landlord insurance on a flip?

Evan Murnighan
  • Flipper
  • Phoenix, AZ
Posted
I just closed on a cash flip deal. I’ve been trying to find an insurance company who will provide insurance for me during rehab (3 months) but can’t find any. I can’t lie and tell agents it’s for longer, then cancel (another investor suggested I do that. Any suggestions?

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3,926
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Jason D.
  • Rental Property Investor
  • St. Petersburg, FL
4,386
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3,926
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Jason D.
  • Rental Property Investor
  • St. Petersburg, FL
Replied
Get a builders risk policy, I have one through USLI, United States liability company. It's a 12 month policy but you only pay for as long as you need it, and are refunded anything not used. Mine cost me about $1700 for the year.

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