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7 November 2024 | 7 replies
Get a few quotes and confirm you’re comparing the same coverage.
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6 November 2024 | 5 replies
If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.
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5 November 2024 | 15 replies
They made me move mine to $500,000, so I had a total of $2.5M coverage.
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6 November 2024 | 5 replies
If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.
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5 November 2024 | 12 replies
Also a side question: Do you buy Umbrella policy coverage amount 'equal' to the total amount of all your investment properties and personal net worth?
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8 November 2024 | 31 replies
Walker,Since you would be renting the building to a Business (or Non-Profit) as apposed to individual renters I would check with your agent to make sure the current coverage will allow that use.
4 November 2024 | 1 reply
But I would suggest finding an insurance broker they can help you find the coverage.
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21 November 2024 | 305 replies
As for us, we don’t even play in student rental coverage until about $30-50k in premium which is about 20 houses min.
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5 November 2024 | 39 replies
Flood coverage is different from casualty coverage.
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5 November 2024 | 28 replies
The number of properties an LLC owns can influence DSCR (Debt Service Coverage Ratio) loan approval for several reasons.