All Forum Posts by: Jeff Beckerman
Jeff Beckerman has started 1 posts and replied 2 times.
We have builder's risk on each home, however, once that home is sold, the policy ends. What happens if the buyer has something go wrong with the house and decides to sue us? Maybe I'm just confused on the whole insurance situation and what we need.
I am having a hard time finding insurance that will protect my company from lawsuits from buyers, contractors, etc. We have insurance for the individual homes we flip, but we need to protect our overall company. I would assume all we need is an umbrella policy, but still the agencies won't insure us once they find out we flip homes. That makes no sense to me. Any advice, thoughts or suggestions?