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Updated over 7 years ago on . Most recent reply

User Stats

351
Posts
273
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Matt Shields
  • Broker
  • Phoenix, AZ
273
Votes |
351
Posts

Insurance for Flipping.

Matt Shields
  • Broker
  • Phoenix, AZ
Posted

Does anybody know of some type of insurance for flippers. I'm paying an obscene amount for insurance for each flip property because the initial policy fees are so high. I'm constantly opening and closing policies. This also makes wholesaling nearly impossible. Is there some type of umbrella insurance that would cover any homes that my company owns up to a certain amount?

Most Popular Reply

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2,494
Posts
1,431
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Jason Bott
#2 Insurance Contributor
  • Insurance Agent
  • Nationwide
1,431
Votes |
2,494
Posts
Jason Bott
#2 Insurance Contributor
  • Insurance Agent
  • Nationwide
Replied

@Matt Shields & @Bob Okenwa REI Guard is one of the companies I rep for. I will send you some info.

There program offers a portfolio type policy where you can add and remove properties on one policy, pay monthly, and not up front fees.  It's set up and the staff are a great fit for a flipper. 

  • Jason Bott
  • Loading replies...