Vacant home insurance for a flip in Montreal area

[Elie Skaf]

Hello fellow Canadian investors, I am about to close on my first flip in Laval, Quebec and was wondering if any of you had suggestions for finding a decent insurance company that will provide insurance for a vacant property while it is being renovated.

Has anyone ever had coverage for a flip that includes damage caused by water infiltration, theft or vandalism? I asked a few insurance brokers and I can't seem to find an insurer that covers any of that, which in my opinion defeats the purpose of having a policy since those are the problems most likely to occur.

Thanks in advance,

Elie.