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Tennessee Real Estate Q&A Discussion Forum
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Updated about 6 years ago on . Most recent reply

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Elizabeth Wilson
  • Real Estate Investor
  • Memphis, TN
694
Votes |
940
Posts

Tennessee Rental Property Insurance

Elizabeth Wilson
  • Real Estate Investor
  • Memphis, TN
Posted

Heya fellow Tennessee Investors! 

Would love to know who y'all use for your rental properties.  We have properties in Memphis and in middle Tennessee.  

Currently we are using Farm Bureau for our personal residence and our rental properties, but have found that they require more changes/updating as situation with occupancy in a home changes and we are hoping for something a bit more hands off.  We use REIGuard for our flips but they are more expensive.

Any suggestions would be appreciated!

Happy investing and happy Monday! :)

Most Popular Reply

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10
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Luke Naylor
  • Investor
  • Murfreesboro, TN
6
Votes |
10
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Luke Naylor
  • Investor
  • Murfreesboro, TN
Replied

We have a commercial policy through Eerie Insurance that covers all our rentals. It is cheaper and very "hands-off". Only hiccup you might run into is it has to be paid together, so it isn't done through escrow if you have mortgages on the rentals. Some banks give you grief removing the insurance from escrow, but it was worth it.

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