What insurance to close on a BRRRR with conventional lender?

[Brian Rosher]

Getting ready to close on my first BRRRR and I am working on getting insurance quotes. My mortgage broker had a requirement for rental reimbursement rider. I had planned to have vacant property insurance since I will be doing renovations before a tenant moves in. Of course there is no rental reimbursement on a vacant home policy. The mortgage broker can waive the rental reimbursement requirement based on my income, but says the underwriter is looking for a regular homeowners policy. They don't want to feel like its a renovation loan I suppose. I don't want to be in a situation where I have a potential claim denied due to the house being vacant in the short term.

Since this is a popular strategy, what insurance are you all using to close on a BRRRR? The home is in NY state and is habitable in its current state, just outdated. Renovations are paint, hardwood floors, bathroom remodels and a bunch of odds and end repairs my inspector found.

Thank You,
Brian