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Fix and Flip Insurance New Hampshire

Last updated: June 13, 2025

"The first rule in investment is don't lose and the second rule in investment is don't forget the first rule." - Warren Buffett

Fix and flip insurance, sometimes called renovation or builder’s risk insurance, is a policy designed for Granite State real estate investors purchasing properties to renovate and resell. Unlike standard homeowner’s policies, fix and flip insurance in New Hampshire specifically covers vacant properties, renovation risks, and frequent ownership changes—situations that are common across cities from Manchester to Portsmouth.

Whether you’re renovating a classic New England home in Concord or managing multiple flips in Nashua, having proper fix and flip insurance is crucial for safeguarding your investment, protecting against liability, and ensuring your resale timeline stays on track.

Across New Hampshire, fix and flip insurance premiums have climbed over 25% in the last year and a half. This has a direct impact on your bottom line and the feasibility of your projects. At OfferMarket, our lending and insurance teams review hundreds of policies annually in New Hampshire alone. We’ve found that many local investors are quoted nearly 33% higher premiums than necessary—often due to working with agencies that don’t specialize in investment properties or commercial policies.

Unfortunately, many agencies are limited to a single insurance carrier or lack the expertise to properly shop policies for New Hampshire’s unique market, leading to inflated quotes. That’s exactly why we built OfferMarket Insurance: our platform lets you compare over 40 carriers in under a minute, all vetted by specialists who know New Hampshire’s fix and flip landscape. We save New Hampshire investors thousands every month, and we’re ready to help you save more on your next project.

Fix and Flip Insurance Bundle

Fix and Flip Insurance Coverage Areas

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No matter where your New Hampshire rehab is located, we’re equipped to help. You can also have a look at our:

Why You Need Fix and Flip Insurance in New Hampshire

1. Vacant Properties Face Unique Risks

In New Hampshire, many fix and flip projects start with homes left empty through winter or in transition. Standard insurance often excludes vacant homes due to threats like vandalism, burst pipes in cold months, or break-ins.

From restoring historic farmhouses to updating multi-family homes in Manchester, renovations can introduce risks such as:

  • Damage to existing structures

  • On-site injuries

  • Fire hazards from construction work

  • Theft of building materials

A specialized policy covers these scenarios throughout the renovation process.

3. Liability Protection

Should a contractor slip on ice in Concord or a trespasser get injured on your site in Dover, you could be liable for medical bills or legal claims. Fix and flip insurance ensures you’re protected from these exposures.

What Does New Hampshire Fix and Flip Insurance Cover?

Fix and flip insurance policies are highly adaptable. Common coverages include:

Property Coverage

Protects your structure and on-site materials against perils such as:

  • Fire

  • Vandalism

  • Theft

  • Windstorms and hail

  • Lightning

  • Water damage (excluding flooding)

General Liability

Covers third-party injury or property damage claims, like:

  • Slips, falls, or accidents on-site

  • Injuries to workers or trespassers

  • Damage to neighboring properties

Builder’s Risk

This often includes property coverage for structures under renovation, materials in transit, and newly installed features.

Vacant Property Endorsement

Keeps your coverage valid during periods when the property is unoccupied.

Tools and Equipment

Optional protection for your tools or rented equipment while on-site.

Ordinance or Law Coverage

Pays additional expenses required to bring your property up to code after a covered loss, such as demolition and rebuilding.

Loss of Rents

If you rent out your property after renovations—or keep tenants during work—loss of rent coverage protects against lost rental income due to a covered event. This is especially valuable for BRRRR investors and multi-unit flips in New Hampshire cities.

What’s Not Covered by Fix and Flip Insurance?

  • Wear and tear, or shoddy workmanship

  • Flooding (separate flood policy required)

  • Earthquake damage (may need a separate rider)

  • Intentional damage or fraud

  • Government action or war

Always review policy exclusions with your New Hampshire insurance expert.

Who Should Get Fix and Flip Insurance in New Hampshire?

  • Individual NH real estate investors

  • House flippers across the state

  • Local LLCs or property partnerships

  • Wholesalers closing on titles before resale

  • Private lenders seeking to protect their collateral

Whether you’re flipping a charming cottage in Hanover or a downtown Portsmouth condo, fix and flip insurance should be part of your risk management playbook.

How Much Does Fix and Flip Insurance Cost in New Hampshire?

Premiums depend on several local factors:

  • The property’s location (urban Manchester, rural Grafton County, Seacoast towns)

  • Value of the property

  • Size and scale of your renovation

  • Duration of the project

  • Coverage limits and deductibles

Property Value Rehab Budget Estimated Annual Premium
$150,000 $50,000 $1,000 – $2,000
$300,000 $100,000 $1,500 – $2,500
$500,000 $200,000 $2,000 – $3,500

Note:

  • Annual premiums are usually refunded pro-rata if you cancel early due to a sale or refinance.

  • Bundling multiple New Hampshire properties under one “portfolio policy” can reduce your average cost per property.

Best Fix and Flip Insurance in New Hampshire

You’ll find plenty of insurance options, but the best choice combines comprehensive protection with competitive pricing and local expertise. Look for policies that include:

  • Property insurance

  • General liability

  • Business interruption (especially if you rent during renovations)

  • Flood coverage, if required by your lender

Working with an agency experienced in New Hampshire’s real estate market ensures you get both quality and value.

How to Get Fix and Flip Insurance with OfferMarket in New Hampshire

OfferMarket streamlines your insurance shopping by connecting you with underwriters who understand New Hampshire’s real estate scene.

The OfferMarket Advantage:

  • Fast quotes—often within 24 hours

  • Custom policies for any number of properties

  • Flexible options for personal, LLC, or trust ownership

  • Expert support for New Hampshire lender guidelines

  • Competitive rates from top-rated carriers

  • Instant certificates of insurance

  • Secure digital storage for all your insurance documents

Insurance Requirements for Fix and Flip Loans in New Hampshire

Lenders typically require:

  • Property coverage equal to the loan amount

  • General liability coverage (often $1M+ per occurrence)

  • Named insured and loss payee endorsements

  • Proof of insurance before closing

  • Continuous coverage through the loan term

Failure to maintain adequate insurance could result in:

  • Loan default

  • Forced-place insurance (at higher cost)

  • Personal liability for uncovered damages

OfferMarket coordinates seamlessly with your lender, making your borrowing and insurance process smooth—especially if you use OfferMarket Capital for your fix and flip loan.

Structuring Coverage for Multiple Properties in New Hampshire

If you’re managing several flips across the state, consider:

  • Blanket policies: One policy, all properties

  • Scheduled policies: Each property with its own limits

  • Master policies: Combine various coverages under one bill

OfferMarket helps high-volume flippers in New Hampshire minimize costs and administrative headaches.

Fix and Flip Insurance Checklist for New Hampshire

Ensure your next NH project is fully protected:

✅ Property insurance at full replacement value
✅ General liability (at least $1M)
✅ Vacant property endorsement
✅ Builder’s risk for renovations
✅ Tools/equipment protection
✅ Lender named as loss payee
✅ Flood/earthquake insurance if required
✅ Coverage dates aligned with project schedule
✅ Certificate of insurance issued and stored

Fix and Flip Insurance Guidelines

Below are common guidelines for New Hampshire fix and flip loans, based on industry best practices:

Property Coverage

Requirement Details
Mandatory Yes
AM Best Rating A- VIII or higher
Term 1 Year
Limits Replacement Cost or Loan Amount
Deductible $5,000
Accepted Policy Types Dwelling Fire (Special Form), Commercial Property (Basic or Special Form)
Cancellation 30-day notice
Exclusions No windstorm/hail/named storm exclusion
Lender's Designation Mortgagee

General Liability Coverage

Requirement Details
Mandatory Yes
AM Best Rating A- VIII or higher
Term 1 Year
Limits $1,000,000 per occurrence, $2,000,000 aggregate
Deductible $1,000
Coverage Occurrence basis
Cancellation 30-day notice
Lender's Designation Additional Insured

Business Interruption Insurance

Requirement Details
Mandatory Yes (if tenants during renovation)
AM Best Rating A- VIII or higher
Term 1 Year
Limits One year of effective gross rent
Coverage Actual Loss Sustained
Cancellation 30-day notice
Lender's Designation Mortgagee

Flood Insurance

Requirement Details
Mandatory If property is in FEMA flood zone
AM Best Rating A- VIII or higher
Term 1 Year
Limits $250,000 or loan balance, whichever higher
Cancellation 30-day notice
Lender's Designation Mortgagee

Additional Details

Category Details
Mortgagee Clause OfferMarket Capital LLC ISAOA/ATIMA
627 S Hanover St
Baltimore, MD 21230
Condos Blanket policy may be used if it covers the individual unit.
HOA must maintain “all risk” coverage on common areas, fixtures, personal property, and equipment at 100% of insurable value (replacement cost).
PUDs Project’s blanket policy is acceptable if individual unit is included.
HOA must maintain “all risk” coverage for common areas, fixtures, personal property, and equipment at full replacement value.
Instructions Use ACORD form to ensure compliance.
Submit insurance certificates, invoices, or proof of payment at least 24 hours before closing.
Provide final policy documents no later than 60 days after closing.
Vacancy Notification Borrower must inform the insurance carrier if the property becomes vacant or unoccupied.
A vacancy permit must be obtained for the entire period the property is empty.

Why Choose OfferMarket for Fix and Flip Insurance in New Hampshire?

Thousands of real estate investors and private lenders trust OfferMarket. Our platform simplifies every part of the deal—acquisition, lending, and insurance—so you can focus on your projects, not paperwork.

Why New Hampshire Investors Work With Us

  • Real-time deal and insurance management

  • Support from a team that knows the NH market

  • Integrated insurance, lending, and off-market deal flow

  • No wasted time—we shop carriers for you

  • Smart matching with investor-friendly insurers

Frequently Asked Questions

Do I need insurance before closing?

Yes. Whether your project is in Keene or Exeter, you’ll need proof of insurance before closing. OfferMarket issues certificates in hours.

Can I get insurance if I’ve already started renovations?

Yes, but disclose all ongoing work. Some carriers may require inspections or limit certain coverage types for in-progress projects.

What if I sell before the policy ends?

Cancel pro-rata and receive a refund for unused premium.

Can I insure multiple New Hampshire flips under one policy?

Absolutely. Our portfolio policies save you money and simplify administration.

What if I’m renting out a unit during renovations?

Some policies may not cover active tenants. In these cases, a landlord or hybrid policy may be needed.

How does OfferMarket Insurance work?

We’re a rate-shopping platform tailored for New Hampshire real estate investors. We secure landlord and fix and flip coverage that matches both your needs and lender guidelines—always at the best price.

Can I use my own agent?

You can, as long as they meet competitive pricing and lender requirements. However, many agents lack fix and flip specialization, causing delays. NH investors often find our process faster and more cost-effective.

Can I pay for insurance at closing?

Yes. Insurance premiums can be paid via the settlement statement or directly through your agent prior to closing.

Do I need to escrow my premium?

Most NH lenders don’t require escrow, but you’re responsible for maintaining coverage throughout your project. Unused premiums are refunded upon cancellation.

What is AM Best Rating?

It’s a credit rating for insurance carriers, measuring financial strength. We require a strong rating for all policies.

What is builder’s risk insurance?

This protects your property and renovation materials during the rehab phase. Coverage continues until ownership transfers, construction ends, or the project is abandoned.

Grow and Protect Your New Hampshire Investment Portfolio

Fix and flip insurance isn’t a luxury in New Hampshire—it’s an essential tool. With tight profit margins and unpredictable risks from Concord to the Seacoast, smart investors prioritize protecting their downside. Whether you flip one home a year or manage a portfolio across the Granite State, OfferMarket’s solutions scale to your needs.

OfferMarket is your trusted New Hampshire partner for real estate investing—serving 1-4 unit residential property investors with the best in landlord insurance, off-market deals, and private lending.

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