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Updated over 12 years ago on . Most recent reply
Aluminum Wiring and Commercial Policy don't mix?
I am trying to consolidate insurance -- instead of 14 separate DP3 replacement cost policies for individual homes, I am looking for a commercial policy. Primary reasons being higher water damage coverage and vacancy coverage. I have a few questions:
1. I am being told that there is no coverage available under a commercial policy for properties with aluminum wiring unless all outlets are pig tailed. Anyone else come across this?
2. Will I be able to name the LLC owner and myself on a commercial policy?
3. I current have $300K liability and additional $2Million umbrella - what coverage should I get on the commercial (assuming I find one which doesn't exclude aluminum wiring properties)?
Most Popular Reply
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Here is the post that Brian mentioned:
http://www.biggerpockets.com/forums/67/topics/57144-electrical-has-aluminum-wiring
EDIT: adding another good link where I posted about aluuminum wiring:
http://www.biggerpockets.com/forums/52/topics/71331-lead-paint-and-rewiring-rental-built-before-1978