Summer,The buiding coverage on the quotes you've gotten is also called "Improvements & Betterments" sometimes.

You should definitely speak to a local agent to understand your potential risks and coverage options.I'd be happy to share the name and number of my preferred Metro Atlanta insurance broker.

@Will Fraser Thanks so much for your comprehensive and thoughtful response.I absolutely agree that every economic situation is different depending on what triggered the downturn, so I am continuing to watch and monitor how things progress in this current, ever-changing environment. 

You will likely have to meet a  Debt Coverage Ratio (DCR) but that should not be a problem since you are investing for cash flow to begin with and probably would not be looking to invest in a property which did not cash flow or cash flowed very little. 

Subsection (D) provides several grantees of the Insured who would continue to qualify as an Insured without mention of the type of deed used in the conveyance so it appears from the standpoint of continuation of coverage it's the nature of the Grantee that matters not the deed.

Subject Debt Service Coverage Ratio shall be 1.30x and above;h.

A major difference between NFIP and Private is the ability to add coverages for you vs. the mortgage co.

Hello, I was wondering if others in Texas are currently having difficulty obtaining Builder's Risk coverage for flips / renovation projects.

ALWAYS carry liability coverage. 

We are slowly seeing the return of programs for rental properties such as DCR (Debt Coverage Ratio).