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Updated about 5 years ago,
Insurance coverage recommendations
Hello everyone,
Wanted to pop in to ask what everyone recommends for coverage on rental properties under an LLC. Specifically in North Carolina if that matters.
My initial assumption is that at minimum we will need landlord and liability coverage; does landlord cover fire as well? Any other recommended policies, or recommendations on coverage levels?
If it helps, we are focusing on verysmall SFRs or multi family. So in this case, we are looking at two 600sqft SFRs on the same parcel of land.
Thank you for reading!
-Kyle Groseclose