Errors and Omissions Insurance--Flipping in California

[Stefanie Marshall]

I have been flipping homes for awhile, but I am simply an investor, and my agent and I were talking about starting a brokerage. She told me that she didn't think agents or brokers could flip houses because the E&O insurance providers would not insure an agent/broker who flips and in order to be an agent in California you have to have E&O Insurance. My response was...."Tarek and Christina...from Flip or Flop...they are agents in California...flipping....how are they doing it?

Anyone know the answer to this question?