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Updated about 5 years ago,
Indianapolis - Vacant Lot Insurance
Morning fellow REIs,
Does anyone have any suggestions/recommendations for an insurance company that sells liability insurance coverage for a vacant lot?I know Builders Risk Insurance kicks in once I start the build, however, I'm looking for liability insurance to cover the vacant lot while it is just sitting there. Any suggestions/recommendations would be greatly appreciated.
As background, I've closed on a vacant lot purchase today in Indy. I will construct and sell a new build SFH on this lot. I'm happy to share my experience, so far, with the lot search and purchase process with any other interested investors.
Thanks in advance,
Eric