Insurance

[Paul K.]

Looking to insure a property we are purchasing to flip. Have received 2 quotes to date, with a difference of $1200 annually. Some differences are obvious to reflect the differences. Any suggestions based on your experiences what a "minimum" type of policy should include ?
Thanks for your input.

[Jesse Tsai]

For our flips, we use Affinity Group, affinitygm.com, ( no relationship, other than as customer) .

For $150K vacant flips, we pay around $70-75 / month.

They work really well because we just submit the properties we sold and bought once a month, and everything is automatically covered.