This is true even when one of the investors rent the place as a tenant.You'll also need an experienced insurance agent to help make sure you have proper coverage. 

Is the coverage identical in both, including square foot replacement costs?

She is fantastic at finding all of the coverages like undiscovered water damage, etc. 

Cassie, they are a few options for these older buildings, but it’s not a long list.As far as pricing, you could probably find an option around $2,500-$4,000 depending on type of coverage.$1,500 is not realistic in this market.  5 years ago we would have had several options to choose from at that price.

It has many pros and cons that cannot be outlined in one post and for some it’s a very good alternative strategy and for others it is not.Whatever aspect of real estate you get involved in it is good to have comprehension on different strategies.

So there are two main types of ways that banks look for loans to be paid, one is with your personal income, the other is with what is call a DSCR which stands for debt service coverage ratio.

Having proper coverage is essential so I didn't hesitate to work with a marine lawyer to establish my charter business (Airbnb on a boat is considered a commercial operation - so the charter setup is necessary if you want to play by the rules.

I like it segregated from my personal stuff and the coverage was better tailored to rental property than what Allstate offered. 

So I ended up paying for what they called EXCESS LIABILITY for my rental from a different agency and the coverage is specifically for the rental ppty and nothing else.Do most personal liability umbrella ins cover claims that arise from anywhere  in the country or only cover claims that originate in the state where the insured resides? 

I'm looking for advice on liability insurance coverage.