Insurance for a rental that needs some work

[Josh Nelson]

I purchased two single family homes recently and both are in livable condition but I'm having trouble getting an insurance company to cover one of then due to some issues with the shingles and some dry rot. I want to make the improvements to the property but need time. Any recommendations on what my options are or if getting builders risk coverage would work for this?

[Ryan Ingram]

Not a problem Josh! 

If it is occupied, you most likely won't be able to get a builder's risk. 

You definitely shouldn't move your tenants out to deal with this. 

There are insurance companies that specialize in providing insurance for properties that are in a bit rougher shape.