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Updated over 6 years ago on . Most recent reply

Builder's Risk Policy for Flip?
I'm under contract on a property I intend to flip and my insurance agent has recommended that I get a Builder's Risk Policy since I'm planning to do extensive renovations ($60K budget). The premium for this policy is about $700 more than a regular homeowner's policy, so I'm wondering if anyone has an opinion on whether this is necessary or not?