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Updated over 4 years ago on . Most recent reply

Corbin Loveless's profile image
Corbin Loveless's profile image
Corbin Loveless
  • Real Estate Agent
  • from Knoxville, TN
  • Member since May 13, 2020
  • Posts 54
  • Votes 42
  • Experience 8 Yrs
  • Investments 6
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54
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42
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Corbin Loveless's profile image
Corbin Loveless's profile image
Corbin Loveless
  • Real Estate Agent
  • from Knoxville, TN
  • Member since May 13, 2020
  • Posts 54
  • Votes 42
  • Experience 8 Yrs
  • Investments 6
Connect
Corbin Loveless
  • Real Estate Agent
  • Knoxville, TN
42
Votes |
54
Posts
General Landlording & Rental Properties

Long Term Rentals- How much insurance do you need?

Corbin Loveless
  • Real Estate Agent
  • Knoxville, TN
Posted

My current understanding is you- need dwelling coverage to rebuild the house and loss of rents if something were to happen. I'm not sure how much more I need, and I don't want to pay a high premium if it's not necessary. I currently have 2 rentals in the greater Memphis area.

Any advice from some more experienced investors?

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James Martin's profile image
James Martin's profile image
James Martin
  • Property Management
  • from Memphis, TN
  • Member since Jun 30, 2009
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James Martin's profile image
James Martin's profile image
James Martin
  • Property Management
  • from Memphis, TN
  • Member since Jun 30, 2009
Connect
James Martin
  • Property Management
  • Memphis, TN
361
Votes |
667
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James Martin
  • Property Management
  • Memphis, TN
Replied

If you haven’t already I would invest in a umbrella policy that goes beyond your current general limits on your policy. 

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