All Forum Posts by: Bettina S.

I am looking to change insurance on my investment property and looking for some input. 

Hi @Will Fraser. I don't lower my SD, it is at least one month. I always have asked for at least one month but might ask for more. What I did find out is, a local Indianapolis utility company will not switch the utility over to a new tenant when a former tenant is in default.

More and more Utility companies make it the responsibility of the landlord when the tenant has an outstanding utility bill at move-out even so the lease mandates for the tenant to be responsible for the utilities. Has any of you set a separate deposit for utilities or asked for a larger initial security deposit to cover outstanding utility bills? Currently our security deposit is one months rent and yes we can use that to pay for outstanding utilities. We never had any issues in the past but I am looking to be prepared when something happens. Any advice  would be appreciated.

Does any of you have a copy of the Notice that Indy is now requiring come July 1st 2020?

I just called my Insurance agent contact, because I received a call from them also, and she never heard of this company and she has been working in insurance now for 20 years.