Property insurance for Michigan investors and lenders
Detroit and the rest of Michigan have a large rental and rehab market, with older homes, freezing winters and vacancy as the main underwriting concerns.
Get a Michigan quoteCoverage we write in Michigan
Landlord insurance (DP3)
Landlord (DP3) insurance for single-family rentals and 2-4 unit properties, written to satisfy DSCR and rental-loan requirements, with loss of rents and liability.
Builders risk for fix-and-flip and rehab
Builders risk and renovation insurance for fix-and-flip investors and their lenders - written to the as-completed value, with the lender's mortgagee and loan number on the EOI.
New construction insurance
Ground-up builders risk insurance from the vacant lot through completion, written to the total completed value, for investors, builders and construction lenders.
Vacant property insurance
Vacant dwelling insurance for homes between closings, tenants or projects - the coverage most homeowners and landlord policies stop paying after 30 to 60 days of vacancy.
Flood insurance
NFIP and private flood insurance for rentals, flips and homes - quoted on its own with its own evidence of insurance for your lender.
General liability for investors
General liability for investment properties, rehab job sites and vacant land - $1,000,000 per occurrence for a single property or a whole project.
Portfolio insurance
Insure several rentals or flips on one portfolio policy - often a better price, one renewal date, one bill and one agent.
Homeowners insurance (HO-3)
Homeowners (HO-3) insurance for the home you live in - dwelling, belongings and liability, with proof of insurance sent to your mortgage company.
Michigan questions
Is VersiFi licensed in Michigan?
Yes. Burke Fisher holds a Michigan producer license (Casualty, Property), and we place coverage with carriers that write in Michigan.
How fast can you quote a Michigan property?
Usually the same business day. Send the address, the insured's name and your lender's details.
Do you work with Michigan private and hard-money lenders?
Yes. We put the lender's exact mortgagee clause and loan number on the evidence of insurance and send it to them directly.
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.