fix and flip property in IL. How to estimate the insurance ?

[Lalit Jagtap]

I am buying my 1st single family home in foreclosure to fix and flip. 

what is the best way to get the insurance coverage for such a single family home? 

Learnt from my state farm agent, that they do not write policy for a single family which will be empty until it is sold or rented.

[Rick Stein]

You need vacant property insurance which some companies do not issue due to the added risk. Find one that does. It is significantly more expensive that regular insurance. You just have to figure it into the equation.