How do I get insurance during rehab on land bank house
Discussion
When I looked into this myself, I found that some insurers shy away from vacant or distressed properties, especially ones bought through a land bank. But there are companies that specialize in these kinds of policies. In Michigan, for example, people have had luck with Michigan Basic Property Insurance Association. It’s worth checking if your state has something similar. As for Meemic Insurance reviews, their policies are more geared toward educators and their families, but I’ve seen decent reviews people seem to appreciate their customer service and personalized attention.
Michigan Basic insured my property during the rehab.