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Updated over 6 years ago on . Most recent reply

Meredith Parker's profile image
Meredith Parker's profile image
Meredith Parker
  • Realtor
  • from Austin, TX
  • Member since May 4, 2018
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15
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6
Votes
Meredith Parker's profile image
Meredith Parker's profile image
Meredith Parker
  • Realtor
  • from Austin, TX
  • Member since May 4, 2018
Connect
Meredith Parker
  • Realtor
  • Austin, TX
6
Votes |
15
Posts
Insurance

Builder's Risk Policy for Flip?

Meredith Parker
  • Realtor
  • Austin, TX
Posted

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? 

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