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Updated 6 months ago on . Most recent reply

James McGovern's profile image
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James McGovern
  • Flipper/Rehabber
  • from Bloomfield CT
  • Member since Oct 7, 2020
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James McGovern's profile image
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James McGovern
  • Flipper/Rehabber
  • from Bloomfield CT
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James McGovern
  • Flipper/Rehabber
  • Bloomfield CT
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Insurance

What type of insurance to purchase?

James McGovern
  • Flipper/Rehabber
  • Bloomfield CT
Posted

In a light cosmetic flip, what are the advantages of purchasing builders risk insurance over using a traditional homeowners insurance policy? 

New Haven, Connecticut
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Russell Brazil
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Homeowners policies dont cover vacant properties. Thus the necessity of needing builders risk. 

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