Insurance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago, 08/22/2022
Business Owners Policy (BOP) that combines LLCs across states
I had an experienced insurance agent say I could put all properties under a single BPO that are across states (some owned by LLCs and some not).
Has anyone done this or familiar?
I originally requested 1 policy per "business" (either LLC or sole proprietorship) and was surprised when he came back and said I could add everything under one policy and add the other LLCs as "named insureds"
Looking for best practice and real life experience.