Never ever drop insurance when renovating. Now you could reduce the insurance amount during refurbishung to just structure and appliances and interior finishes and of course vandalism and fire of course, if in a flood zone or possible flood zone, even if ther hasn't been a recorded on in 100 years, remeber those that just got drenched, you need Insurance always.
Evbery investor I know keeps insurnace on there properties even during renovation just to cover what I mentioned before. SO Please to keep piece of mind and top protect your self, if someone gets hurt on your property keep the Insurance.
The Home Insurance Specialists.