Dallas-Fort Worth Real Estate Investor Club

Insurance for rehabs

  • 09 Apr 2015 2:58 AM
    Message # 3288458



     What can I expect to pay per month for umbrella insurance to cover my rehabs?

    Also, can you please recommend an insurance company to contact . I had a business card from one of the meetings but I can't find it.

    Thanks,

    Michael Garrett


  • 09 Apr 2015 7:32 AM
    Reply # 3288655 on 3288458
    Robin Carriger (Administrator)

    Michael, I recommend you give Dave Burdick a call.  He's an excellent insurance agent who specializes in working with Real Estate Investors.

    Thanks,

    Robin 

  • 09 Apr 2015 10:58 AM
    Reply # 3289146 on 3288458

    Hi Michael,

    This is Dave Burdick.  I am a group sponsor.  Liability insurance is available on both vacant property (allowing light rehab) and builders risk policy (roof and foundation work).  The cost for coverage is in the $50 to $100/yr range.  The only conditions that make liability coverage difficult to find is for vacant properties with a pool. When available that can be expensive coverage.  My number is 817-719-2613.  Feel free to call to discuss further....Thanks

  • 09 Apr 2015 4:10 PM
    Reply # 3290634 on 3288458



    Thanks guys. I will be in touch

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