Fix-and-flip companies or contractors navigate in a very strange area when it comes to real estate. They aren’t a construction company in the traditional sense. However, they’re also not traditional homeowners. They’re also not planning on holding onto the property as a landlord or a homeowner. This can make it difficult to understand what they’ll need to navigate the process. For example, do they need home insurance, or is there another type of insurance that flippers should acquire when they go to flip a property?
If you operate a fix-and-flip business, we’ll help you understand the requirements needed for a successful flip. Need insurance? Come to us at Abney Insurance, serving Winter Garden, FL, for all of your coverage needs.
Is Home Insurance Right for Fix-and-Flip Companies?
If you’re researching your insurance needs as a flipper, you will quickly discover that you do need home insurance. While the way you go about ownership and investing in real estate differ from other types of real estate investors, home insurance is essential to protect your investment while you’re working on it and whle you retain ownership over the property. The right insurance policies will cover you should anything happen to your property during or after renovations.
Protect Your Next Flipping Project With Abney Insurance
Whenever you need home insurance, the team here at Abney Insurance, serving Winter Garden, FL, will work with you to make it happen. Contact us to compare quotes.
