Will close on my first flip next week. Any recommendations for insurance coverage / companies? Will need for no more than two months ( barring a disaster).

I'm am investor and the agent i use works exclusively with other investors and he is also an Aggie. Email me at danhunsucker@Hotmail.com

Make sure you discuss the Builders risk policy (usually needed for large rehabs) vs rental type policy that includes a vacancy policy.

As a hard money lender I often see insurance policies with no vacancy coverage, we cannot close and fund without proper coverage.

Here is the company I use for all my rentals and flips. Easy to setup and get a policy and it allows you to change occupancy status and coverage amounts at will without having to redo whole policies.

https://nreig.com/

Baba Ganoush said:

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Here is the company I use for all my rentals and flips. Easy to setup and get a policy and it allows you to change occupancy status and coverage amounts at will without having to redo whole policies.

https://nreig.com/

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Interesting. How are the prices?

You can request a quot on this website.

Prices are pretty reasonable from what I remember. I haven't done a cost compare in a few years, but I'm a fan of how convenient it is to add/remove/update the policies as needed. With previous insurers, they would have to create a whole new policy, send it over for approval, then I'd have to write them a check, etc. With this group, you just go to the website and enter the specifics of the new property and they have my business CC on file so it charges directly to that. Or you can send them escrow information and they'll just pull it from the escrow account at your bank.