Insuring Many Properties and Portfolio

[Lance Robinson]

Hey All - What is the best way to insure everything you own? All rental properties, primary, renters insurance, auto, umbrella, etc? I've been haphazardly adding as I'm going and some carriers have limits like won't insure more than 4 properties so then I move on to the next, but between that and multiple states I don't know how to ensure I get the best bundle for everything I own and ensure the best rates. There are people with way more rental properties than me, how do you handle/deal with that? Thanks Lance

[Anthony Lee]

@Lance Robinson Great Questions!

As you mentioned, there are several carriers which will cap the number of properties, or have similar measures, which often make things difficult for RE Investors and the Like. 

There are several carriers which have designed their products and programs to alleviate this difficulty. There are some, many of which I represent, which have no cap at all and have no restrictions with regard to which type of properties or which states. 

Regarding your primary home, auto, umbrella, etc. There are also many carriers which will do this without such limitations. 

The best way to know you're getting the best deal is to speak with an independent agent who has access to multiple carriers. 

I've sent you a PM.