All State Agent for assistance3

[Marc S.]

Good morning BP,

I am currently in the final stages of closing on my first RE Investment property! 

I would like to inquire if there is an insurance agent on here out of New York, preferably Long Island that is an authorized All State agent or broker with All State to assist me with an umbrella policy problem I'm running into being an O/O/S investor that is buying a SFH in Texas. From what I've been told, All State will allow me to purchase an umbrella policy if I also have my car insurance under them which will allow me to get the must needed umbrella for extra coverage on top of my landlord policy. Before you ask, I do not have a renter or homeowners' policy and long story short cannot get one for reasons I can discuss further if needed.

Please let me know if there is anyone out there than can assist or answer my questions.  Thank you! 

[John Mocker]

Marc,

You will need to work with an agent that represents USLI to secure an umbrella with them.  Another carrier that can do stand-alone umbrella policies (meaning they do not have to write the home or auto coverage) is RLI Insurance.  However, they will require some form of Homeowners/Renters coverage.  I had a similar situation for a client that lived with his parents.  We were able to write a renters policy for him and get umbrella coverage.  Feel free to PM me why you can not get Homeowners/renters coverage and maybe I can suggest a way to get around that.