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Updated over 2 years ago on . Most recent reply

User Stats

86
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Greg Todrank
  • Rental Property Investor
  • Bloomfield, MI
33
Votes |
86
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Property Insurance for flip

Greg Todrank
  • Rental Property Investor
  • Bloomfield, MI
Posted

I’m having a hard time getting a simple policy for a property I close on next week. The current plan is to fix & flip.

I’m looking for an inexpensive policy for an uninhabited property while I’m doing rehab.

Anyone have a favorite carrier? Property is in Michigan.

  • Greg Todrank
  • Most Popular Reply

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    Chris Seveney
    • Investor
    • Virginia
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    Chris Seveney
    • Investor
    • Virginia
    ModeratorReplied
    Quote from @Greg Todrank:

    I’m having a hard time getting a simple policy for a property I close on next week. The current plan is to fix & flip.

    I’m looking for an inexpensive policy for an uninhabited property while I’m doing rehab.

    Anyone have a favorite carrier? Property is in Michigan.


     Depending on the amount of work they may want you to get a builders risk policy. We use JB Lloyd out of texas for a lot of our properties that are like this.

    • Chris Seveney
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    7e investments
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    16 Reviews

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