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Updated almost 6 years ago on . Most recent reply

User Stats

155
Posts
92
Votes
Peter Philando
  • Rental Property Investor
  • Hollywood, FL
92
Votes |
155
Posts

Looking for Insurance in Florida to cover property during rehab

Peter Philando
  • Rental Property Investor
  • Hollywood, FL
Posted

Doing my first flip in South Florida and my lender requires me carry insurance.....bind a policy before going to closing. My current insurance agent seems a bit shaky dealing with this coverage. He found coverage but I need to do a 4-pt inspection before he binds the policy. I dont mind paying $85 for the inspection but it seems he's finding out these things as he goes along so it taking a while and I need the bound policy so I can close by April 26. With all the flipping going on in south florida I cant believe this is what everyone goes through.

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