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All Forum Posts by: Edwin Batte

Edwin Batte has started 9 posts and replied 30 times.

Post: For a rental owned by LLC, who is the insured?

Edwin Batte
Posted
  • Posts 30
  • Votes 12

@Casey J Burkhead, thank you.

Post: For a rental owned by LLC, who is the insured?

Edwin Batte
Posted
  • Posts 30
  • Votes 12

@Jake DeBoer, thank you.

Post: Home Insurance for SFR rental in TX owned by LLC

Edwin Batte
Posted
  • Posts 30
  • Votes 12

@Nathan Hathorn, yes it is helpful. Thank you. Some are of the view that only the LLC should be named as the insured in order to maintain protection rendered by the entity. Cost vs protection ….

Post: For a rental owned by LLC, who is the insured?

Edwin Batte
Posted
  • Posts 30
  • Votes 12

@Casey J Burkhead, thank you very much for your prompt response. It’s clear & very helpful. One of my goals is to keep it clean and maintain that protection.

I'm closing on a SFR rental in Texas. I keep reaching out to multiple agencies.

Thank you sir! 

Post: For a rental owned by LLC, who is the insured?

Edwin Batte
Posted
  • Posts 30
  • Votes 12

@Casey J Burkhead, thank you very much for your prompt response. It’s clear & very helpful. One of my goals is to keep it clean and maintain that protection.

I'm closing on a SFR rental in Texas. I keep reaching out to multiple agencies.

Thank you sir! 

Post: For a rental owned by LLC, who is the insured?

Edwin Batte
Posted
  • Posts 30
  • Votes 12

Who's the insured on these policies — the entity (LLC) or the manager (really, owner of property) OR both?

Policies exclusively naming the entity (LLC) are rear and expensive! What's the upside, anyway?

Those where both the entity & the entity manager (usually the true owner of the protected assets) are plenty & cheaper. What’s the downside to having both as the insured?

What do most investors do? 
Yes, I’m a newbie !!!

Thank you for your help in advance.

Post: Home Insurance for SFR rental in TX owned by LLC

Edwin Batte
Posted
  • Posts 30
  • Votes 12

Who's the insured on these policies — the entity (LLC) or the manager (really, owner of property) OR both?

Post: umbrella insurance for Lloyd as underwriter

Edwin Batte
Posted
  • Posts 30
  • Votes 12

@Mark Roland, I’ve been referred to you by one of the members.

I need insurance coverage on SFR rental to be owned by LLC in Abilene TX. Closing very soon. Let me know how else to reach you. Thank you sir!

Post: Home Insurance for SFR rental in TX owned by LLC

Edwin Batte
Posted
  • Posts 30
  • Votes 12

Wow! Thank you @Joe Funari, @Nathan Hathorn and @Cole Brabham for prompt and helpful info. Am I glad I’m here! Thanks again. Reaching to all for quotes.

Post: Home Insurance for SFR rental in TX owned by LLC

Edwin Batte
Posted
  • Posts 30
  • Votes 12

Hello everyone! I’m a few days old on BP. Definitely a newbie!!! I’m excited to be here!

I'll be closing on a SFR soon in Abilene TX. Does anyone know any of agency that covers rentals owned by LLC in TX?

Thank you in advance!