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All Forum Posts by: Mimi J.

Mimi J. has started 7 posts and replied 44 times.

Post: Builders Risk Insurance

Mimi J.Posted
  • Real Estate Investor
  • Washington, DC
  • Posts 45
  • Votes 4

Thanks guys!

Post: Builders Risk Insurance

Mimi J.Posted
  • Real Estate Investor
  • Washington, DC
  • Posts 45
  • Votes 4

Thanks so much Robert and Doug for this information.  I am glad I listened to my instincts and decided to do more digging...this is how I came across this website. What is the difference between builders risk and vacant property insurance.  It seems to be used synonymously.   The property is currently vacant and will undergo a total gut within the next 2-3 weeks hopefully. I will make contact tomorrow.  Again much appreciated.

Post: Builders Risk Insurance

Mimi J.Posted
  • Real Estate Investor
  • Washington, DC
  • Posts 45
  • Votes 4

Does anyone have any recommendation for builders risk insurance.  I contacted one company and was quoted $6805 for 12 months.  I am new to this arena but this seems awfully high.  I have a home in DC I inherited and will renovate it and include a basement apartment.  Finding builders insurance is like looking for a needle in a haystack.

Post: Builders Risk Insurance

Mimi J.Posted
  • Real Estate Investor
  • Washington, DC
  • Posts 45
  • Votes 4

Does anyone have any recommendation for builders risk insurance.  I contacted one company and was quoted $6805 for 12 months.  I am new to this arena but this seems awfully high.  I have a home in DC I inherited and will renovate it and include a basement apartment.  Finding builders insurance is like looking for a needle in a haystack.