House Insurance
I have not ever flipped a house but I would think that you would want to purchase home owners insurance for a house that you are fixing up to flip just in case something would happen. I would want to protect my investment up until the place sold.
As with anything else in life, you need to follow some steps to ensure that you get the best deal for your money.
First of all, you want to shop around. Get estimates from different companies to find the best rate. A great way to do this is to search insurance companies on the internet and get quotes.
If you can afford to raise your deductable, you can save on your premium. Usually the deductable is arounf $500, if you can raise it to $1,000, you can save as much as 25% on your premium.
Also, if you go with the same company for your home owners insurance as you do your vehicle insurance, you can save.
|