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Updated almost 8 years ago on . Most recent reply

Asim Alam's profile image
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Asim Alam
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  • from Tucker, Georgia
  • Member since Jan 19, 2017
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Asim Alam's profile image
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Asim Alam
  • Professional
  • from Tucker, Georgia
  • Member since Jan 19, 2017
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Asim Alam
  • Professional
  • Tucker, GA
29
Votes |
138
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Starting Out

What Do You Pay For Flipping Insurance?

Asim Alam
  • Professional
  • Tucker, GA
Posted

Hey y'all,

I'm shopping around for insurance for my first flip just outside Atlanta, and I was wondering what you pay for monthly premiums. My entire project cost is $235,000 ($145,000 purchase + $90,000 rehab), and I *definitely* want replacement value plus theft/vandalism coverage.

I've gotten quotes ranging $170 to $209 monthly, but that seems really high to me.

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Asim Alam's profile image
Asim Alam's profile image
Asim Alam
  • Professional
  • from Tucker, Georgia
  • Member since Jan 19, 2017
Connect

User Stats

138
Posts
29
Votes
Asim Alam's profile image
Asim Alam's profile image
Asim Alam
  • Professional
  • from Tucker, Georgia
  • Member since Jan 19, 2017
Connect
Asim Alam
  • Professional
  • Tucker, GA
29
Votes |
138
Posts
Asim Alam
  • Professional
  • Tucker, GA
Replied

I received a quote for a product called REI Guard through @Jason Bott here on BP.

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