Buying and flipping houses has become an increasingly common way for people, or groups of people, to make some extra money. If one has the resources and the skill set, this can even be a very fruitful full-time endeavor. However, these properties are often not properly insured by their owners which can lead to some major issues in the event of a claim. You want to make sure the home you buy is properly covered while it is being worked on against fire and other perils as well as covering the cost of the materials used during the renovations. Many people in this position feel that because they will be selling the house, not living in it, that they do not need to worry about any extra insurance coverage. What could possibly happen right?

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