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Updated over 3 years ago on . Most recent reply

User Stats

70
Posts
25
Votes
Jeff D.
  • Real Estate Investor
  • Portland, OR
25
Votes |
70
Posts

Insurance for vacant soon to-be-remodeled building

Jeff D.
  • Real Estate Investor
  • Portland, OR
Posted

Hello!    Can anyone suggest an insurance company that is comfortable and used to insuring vacant soon-to-be-remodeled, mixed-use, older brick apartment building? 

As in, comfortable with the vacant part,  AND comfortable with the full building remodel part.    Both parts.   My current broker makes it sound like there are very few options for such a thing.  Kind of hard to believe.

There is an existing policy on the building.  But it was obtained in a hurry, at the last minute, and its very expensive.    Time to shop for something cheaper.   

Thanks!  

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