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