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Updated over 5 years ago on . Most recent reply

Rehaan Khan's profile image
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Rehaan Khan
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Rehaan Khan
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Do Flippers need to get home insurance on their projects?

Rehaan Khan
  • Investor
  • USA
Posted

Do flippers need to get home insurance on their projects? Typically projects that are bought, flipped and sold within around 4 months from scratch to end. 

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Nathan Gesner
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ModeratorReplied

Just because it's not required doesn't mean it's not wise. It seems foolish to not have insurance on a property that's actively being renovated. Accidents, electrical fires, and all kinds of mishaps are significantly more likely during rehab than during normal occupancy.

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