Newbie with Roof/Insurance problem!

[Matthew Jones]

One month into my first home and I have a big problem. Progressive insurance who I have my policy with, is now saying they want to cancel my coverage unless I fix my roof ASAP, and it needs to be done by licensed roofer. All my quotes are for 15k which I cannot give them because I budgeted this renovation project for less. I had planned on doing the work myself! Which would leave me money to spare for other renovations. Is their a carrier you guys know of who will cover me (if I do the roof myself, that I can be honest and tell them about it) I didn’t know insurance companies would cancel you right after they accepted you! I’m in a tight spot I would much prefer to do this roof myself, what should I do? Thanks In. Advance!

[Justin Loveland]

My insurance companies also inspect my properties and tell me I need to remove trees, fix gutters, they called out a roof for having lichen on it, hand railing in the middle of an open walkway that we needed to install (nothing there before). We do everything they ask us to because it ends up reducing your liability. We end up going over budget on house flips as well, so now I add $20k to whatever I think it's going to cost and at times that's still too low. You need to have good margins otherwise it's not worth investing in the deal.