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Updated almost 8 years ago on . Most recent reply

User Stats

48
Posts
13
Votes
Thomas M.
  • Investor
  • Fort Wayne, IN
13
Votes |
48
Posts

Multiple rentals - Insurance options?

Thomas M.
  • Investor
  • Fort Wayne, IN
Posted

We own 2 single family rental homes and a 4 plex. We're about to purchase another single family home to rent. 

Seems like there should be more options when insuring multiple rental properties. Is there such a thing as a blanket policy vs having a separate policy for every property? I just don't know if other options exist or it just make sense to have a individual policy on each property. 

Seems I'm paying way too much for insurance, but it is what it is...someone enlighten me. Are their other options out there that are more cost effective?

  • Thomas M.
  • Most Popular Reply

    User Stats

    185
    Posts
    74
    Votes
    Mayank S.
    • Investor
    • Herndon, VA
    74
    Votes |
    185
    Posts
    Mayank S.
    • Investor
    • Herndon, VA
    Replied

    @Thomas M. You can have all properties bundled into one commercial policy. That's how I am doing. @Derek Lacy is my insurance broker. You can probably check with him.

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