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Updated about 2 years ago on . Most recent reply

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2
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1
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Jeff Beckerman
1
Votes |
2
Posts

Insurance for Flippers

Jeff Beckerman
Posted

I am having a hard time finding insurance that will protect my company from lawsuits from buyers, contractors, etc.  We have insurance for the individual homes we flip, but we need to protect our overall company.  I would assume all we need is an umbrella policy, but still the agencies won't insure us once they find out we flip homes.  That makes no sense to me.  Any advice, thoughts or suggestions?

Most Popular Reply

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40
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24
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Alex Russell
  • Lender
  • Boca Raton, FL
24
Votes |
40
Posts
Alex Russell
  • Lender
  • Boca Raton, FL
Replied

Hi Jeff, as @Eliott Elias mentioned above, Builder's risk should cover this and is something we require on all of our properties. 

I have a few people we work closely with that I can recommend to you if interested. 

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