Do you require your tenants to have renters insurance? If so, why? If not, why not? What kind of market would you recommend it in? And what kind of policy do you require if you do?
What policy requirements do you have for your renters? Thanks for the input!
for house insurance are you getting business liability coverage aggregate and each occcurence, premise medical payment, loss of rents, dwelling coverage? Or just hazard? Thanks guys. I'd prefer to get cash value cover...
We bought a property and do not have the deed back yet. This has 2 small homes and a MH. The MH appears occupied. We are having the hardest time getting insurance . We have not been inside yet and do not know if we wi...
I'm trying to crunch some numbers for purchase of an 8 plex. Can someone give me an apx price for insurance? I know this varies greatly, just trying to get an idea. Thanks so much!!Shannon
Does anybody know of some type of insurance for flippers. I'm paying an obscene amount for insurance for each flip property because the initial policy fees are so high. I'm constantly opening and closing policies. Thi...
I'm currently in contract for a 4-plex and going into it the buyer said he pays about $150 per month. Well, we just got a quote for $3,800 a year (320 monthly) with a 10K deductible! I just talked with a couple of l...
What general insurances are legally required for rental properties, aside from niche insurance products for specific areas?
Hi, I have bought a house with less than 10% down and got mortgage insurance. If the official valuation goes up and I essentially have at least 20% equity in my home, can I get my loan provider to cancel the mortgage ...
FYI to everybody! I met with my insurance agent the other day, and he reminded me that since the value of each of my properties has risen substantially the past few years, my coverage for substantial property damage i...