So I have an LLC for all my flips. I plan on doing some eventual buy and holds as well. Should I have an umbrella insurance policy? What kind of protection do flippers here on BP have?
I have 3 Properties in NV held in an LLC. In addition, I have 3 Properties in CA - & I am planning to move them to an LLC as well.
I have been advised to get an Umbrella Policy in order to protect my asse...
My wife and I are purchasing a condo to use as an short term rental.we are using a heloc we had because the interest rate Is much lower than anything we could find today with a conventional loan. so we will be buying ...
I have a four duplexes in Baltimore, and I am not sure which strategy is best for liability protection: 1) create an LLC, but transfer taxes are pretty prohibities, 2) have an umbrella policy ($1M? $2M?), or 3) a comb...
Hello,
I'm looking for an umbrella personal insurance policy for the six rentals that I have.
Seems like the big insurers don't have or simply don't give umbrella insurance for rental properties.
Anybody has any ...
Hi Bigger Pockets investors-. I've been looking into getting umbrella insurance for some time now for extra protection as I have multiple renters living both in my primary home and rental property. I'm running into a...
I am a out-of-state investor living in New York, but invest in Little Rock, AR. I spoke with a rep from my rental property homeowner insurance in AR (Safeco) to get a quote for a personal umbrella policy. I was tol...
I’m not an LLC . Have 7 rental homes , I carry adequate insurance on them . How important is it to carry an additional umbrella policy for a million dollars extra? Current policies cover cost of house . Wondering how ...
I’ve a rental property in WV with only landlord’s policy on it. Reading here I realized it’s safe to have umbrella policy, just in case. I had called progressive agent that I’ve landlords policy asking about needing a...
How are you everyone. I am just getting so confused about the umbrella policy thing, that I am asking for help to clarify a couple of things. Any advice, opinion or help will be appreciated it a lot, seriously.
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