Is It Smart to Self Insure Your Flips?

Is it smart to self insure your flips? Let's make some assumptions and run an ev equation. The e v of self insuring is 700 bucks per project. That means, on average, we'd spend 700 dollars per project paying for things that would have otherwise been covered by insurance. There are thousands of scenarios yo'll run into where expected value calculations allow you to make much better decisions than going with your gut.