Hey. Today was the closing day of a property I had bought directly from a US seller. Now I want ...
Hey. Today was the closing day for a property I bought directly from a seller in the United States. Now I want to insure him, but I'd love if you could answer me some questions before -
What type of coverage is it customary to insure a home purchased for Flip's purpose in the USA? Risk and liability should suffice?
What is the price range of such insurance?
(Indianapolis IN, 2 / 1, 1100 sq)
Is it possible to insure for a few months, or is it only a year?
Is the payment in advance? monthly? At the end of the period?
And finally, can someone recommend a company or agent that he or she worked with or recognized in Indianapolis?
Thank you!
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We make Vacant Home Insurance. Most major companies do not trust homes for Flip but local companies certainly do.
We use Tepco
I don't know specifically about Indianapolis, but I do builders risk for six months and make adjustments if necessary.
If it is a major overhaul the initial insurance will be the purchase price and after a few months I will raise it to the selling price
Yair Yunji
Hello Matan. We look forward to helping you and thank you for contacting us. We have a number of friends who work in Indianapolis, for example Orr Kichin. Successfully!