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Updated over 2 years ago, 08/22/2022

User Stats

16
Posts
2
Votes
Frank Mancuso
  • Real Estate Investor
  • Charlotte, NC
2
Votes |
16
Posts

Business Owners Policy (BOP) that combines LLCs across states

Frank Mancuso
  • Real Estate Investor
  • Charlotte, NC
Posted

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. 

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