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Updated almost 8 years ago on . Most recent reply

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146
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Stephan K.
  • Rental Property Investor
  • Clearwater, FL
40
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146
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Builders Risk Insurance

Stephan K.
  • Rental Property Investor
  • Clearwater, FL
Posted

Do you know a good Builders Risk Insurance that will insure a flip property for 4-6 month?

We are located in FL. 

We have worked with Zurich in the past, but then they wanted a GC even for work that does not require a GC (like an AC changeout).

Thanks 

Stephan

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
62,804
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42,664
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

we have a Proctor account.... but I think you need to have at least 50 props on it at anyone time.

works like Zurich you e mail in addresses as you bring new projects on and email them when they are sold.. they charge monthly works great.

of course its not the best insurance 5k deductible and takes a while for a claim we had wind damage in Orlando on a project ( thankfully the only one with the last hurricane) and it took at least 45 days to get a check but the amount was sufficient to fix it

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JLH Capital Partners

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