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Updated about 7 years ago on . Most recent reply

User Stats

132
Posts
32
Votes
Mel Jeffrey
  • Developer
  • Los Angeles, CA
32
Votes |
132
Posts

Propert Insurance Questions

Mel Jeffrey
  • Developer
  • Los Angeles, CA
Posted

How is everyone going about getting insurance for properties?  Are you carrying a single policy for each property or a master policy for all properties?  Who is you favorite insurance carrier?

Most Popular Reply

User Stats

206
Posts
98
Votes
Kevin Hoag
  • Insurance Agent
  • Cleveland, OH
98
Votes |
206
Posts
Kevin Hoag
  • Insurance Agent
  • Cleveland, OH
Replied

Hey @Mel Jeffrey I think it really depends on your individual situation. I personally like to carry a single policy for each of my properties. I use foremost to insure my single families and my two 4 units. The reason I go single policy is because it saved me money to go that route over a commercial policy. I also bundle my insurance payment into my escrow account with my taxes and mortgage so I only have one bill to manage. Ultimately it will always boil down to what saves you the most money and time.

  • Kevin Hoag
  • [email protected]
  • 216-505-4677
  • Loading replies...