Liability
General liability for investors
General liability pays when someone is hurt on your property or your work damages someone else's. Lenders often require it during a renovation or on vacant land.
Quote liabilityWhat it covers
- Bodily injury and property damage to others
- Defense costs
- Limits commonly $1,000,000 per occurrence / $2,000,000 aggregate
Who it's for
Rehab investors, owners of vacant land and lenders who require liability on the collateral.
What your lender will ask for
The lender as additional insured where required, the property address, and a certificate of insurance.
Questions we hear
Can I buy liability for just one property?
Yes - for a single rehab, a vacant lot or a property in between projects.
Is liability included with builders risk?
Not always. We quote it alongside when you or your lender ask for it.
Where we write it
VersiFi quotes nationwide through carriers licensed in each state. State guides:
Get a quote today.
Send the address and your lender's details - we quote with several carriers at once and send the evidence of insurance to your lender. Or call 512-801-8702.