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Updated almost 7 years ago on . Most recent reply

Beau Ordemann's profile image
Beau Ordemann's profile image
Beau Ordemann
  • Investor
  • from Baltimore, Maryland
  • Member since May 24, 2017
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Beau Ordemann's profile image
Beau Ordemann's profile image
Beau Ordemann
  • Investor
  • from Baltimore, Maryland
  • Member since May 24, 2017
Connect
Beau Ordemann
  • Investor
  • Baltimore, MD
10
Votes |
29
Posts
Insurance

DP-3 Insurance Policies

Beau Ordemann
  • Investor
  • Baltimore, MD
Posted

I've recently entered the commercial lending realm for properties 10+ and am new to the LLC space. The commercial lender I'm planning on working with said they require DP-3 insurance policy.

Does anyone have good recommendations?  (I'm in MD, but assume national insurance providers carry this policy for investment properties).   

Are these policies significantly more expensive than a standard rental dwelling policy with someone like state farm (for example)?

thanks!

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