Fix and Flip Insurance Policy

[Ross Carlson]

All,

My partner and I are purchasing a home in Illinois to Fix and flip. The plan is not to live there during this time and to do the follow renovations (update bathrooms, redo kitchen, fix roof/replace roof, paint, decorate etc.) There will be no new additions or major construction taking place. The property does have a pool if that matters.

What type of insurance does everyone typically go for? Is it Vacant Home Insurance, Builders Risk insurance, or Home Owners insurance?

Thanks,

Ross