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Updated about 9 years ago on . Most recent reply

Lisa Misuraca's profile image
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Lisa Misuraca
  • from Tucson, Az
  • Member since May 7, 2014
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Lisa Misuraca's profile image
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Lisa Misuraca
  • from Tucson, Az
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Lisa Misuraca
  • Tucson, Az
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Rehabbing & House Flipping

insurance

Lisa Misuraca
  • Tucson, Az
Posted

What type of policy do you get for your flips,

my agent just informed me all we get is protection from fire and vandalism and Mother Nature called  a fire 1 because they are considered vacant or unoccupied.

Do you even insure them ?

What else is there?

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Jason Bott's profile image
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Jason Bott
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Jason Bott's profile image
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Jason Bott
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Jason Bott
#2 Insurance Contributor
  • Insurance Agent
  • Nationwide
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Jason Bott
#2 Insurance Contributor
  • Insurance Agent
  • Nationwide
Replied

@Lisa Misuraca there are specific insurance programs for flipping.  I will PM you the info.

That being said, depending on the age and condition of the building, you may only have "Basic" coverage available to you.  I am pretty sure that is what your agent was reffering to.

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