Insurance declined water damage claim from a pipe.

[Alex Failaev]

Hello everyone!

We have property that is currently vacant and it is under renovations. We have purchased builder risk insurance to cover this property while under construction. 

We did not look into the policy too much, and now we know its FL-1- which is the basic insurance. 

Per the insurance company, this policy does not cover water damage from a broken or a leaking pipe.

My questions are:

1. What type of insurance do you use for a flip or a vacant house while under renovation?

2. Do you have an insurance agent/agency in the Maryland market that you recommend? 

3. Have you had any success/failure using the FL-1 policy?

Thanks for the help!