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Updated almost 7 years ago on . Most recent reply

User Stats

140
Posts
58
Votes
Doug Shapiro
  • Real Estate Broker
  • New York, NY
58
Votes |
140
Posts

Homeowners Insurance cost, buying in own name vs LLC

Doug Shapiro
  • Real Estate Broker
  • New York, NY
Posted

Hello All! I am buying a multifamily in Brooklyn and wanted to know how much more home owners insurance costs if I purchase the property under an LLC as opposed to under my own name. I've already received some quotes from insurance companies if I purchase under my own name, but am struggling a bit to get that info if I were to purchase under an LLC. Does anyone know? I will find out on Monday for sure, but really wanted to get an answer ASAP. Thank you in advance!

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