Need help with Builder Risk Policy under LLC

[Jennifer Robinette]

Hi, I am in Northern Virginia and doing a tear down and new construction project. I need to purchase a Builder Risk Policy under a LLC but all the agents I have talked to can only insure under my own name and add the LLC as add'l policy holder. Does anyone have done those deal before and can refer their insurance agent to me? Also anyone knows the major difference between insurance under LLC I own, vs. insurance under my name and add the LLC as add'l holder?

Appreciate the help!

Jennifer

[Tom Kern]

Jennifer, I am a hard money lender and know a lot about insurance. Call the insurance agent that most of my clients use. Call Kristin Morrison with Dominion Insurance in VA Beach at [REMOVED]. Tell her Tom Kern referred you. Kristin writes builders risk and liability insurance with Erie Insurance which is one of the best policies in the business for rehabbers. It is a commercial lines policy as opposed to the personal lines policy which most agents sell.....that is why you have not been able to obtain insurance with those insurance agents/companies.