Setting up Flip Insurance

[Rick F.]

Hello all,

We have just begun to delve into repairing and flipping properties.  We have one underway in GA and  our flip is in process already and we do not have sufficient insurance in place.

So: I have three questions -
1) short term, what types (e.g. build/hazard etc.) of insurance for this specific flip should i get in place ASAP?

2) Does anyone have specific recommendations on what company to deal with to get the policies?

3 longer term, we're using an LLC to purchase/own the properties, how should we structure the insurance etc?

I'd love to hear from our experienced community on any of thesethanks!

-Rick Forand @Portland, OR