How Much Insurance Should A Homeowner Have?

By |2019-05-19T11:54:55-04:00April 28th, 2019|Categories: Flipping, Florida, Georgia, Hard Money, Home Improvements, Home Upgrades, Investment, Investment Properties, Investments, Lawyers, Rehab Loans|Tags: , , , |0 Comments

If you're living in a house you intend to flip, do you know how much insurance you should have as a homeowner? Obviously, you will need enough homeowners insurance to replace the home if it were destroyed in a fire or a hurricane, but what else do you need? Make sure that your belongings are also covered. Your belongings like jewelry, clothing, art, and other items might cost more to replace than a standard homeowners insurance would cover. This is not including any updates you've already made to the home like granite countertops or new appliances. Be sure to take