Account Closed
Better to buy property in LLC or my name with personal umbrella insurance?
Hello,
I am trying to buy my first duplex in Florida and am close to closing. I am very concerned with personal liability in case someone gets hurt on the property.
It seems like I have two options for insurance:
...
Sam Dal
Home insurance
guysi'm sorry for posting here but this forum is all I have access to. I am a 1st time homeowner and am looking to understand the diff between HO2 and HO3. I'm in NYC and not in a flood zone at all. The difference bet...
Amine E.
Cash value policy evaluation
Fellow BP members. I received the quote below from my insurance agent. Its a cash value fire policy. Do you see anything in the quote i should be worried about? House is located in Oklahoma city. Thanks for the inp...
Akshay Deodhar
New Landlord in Texas lives in California
Hi All,I am new to home ownership. I have purchased a house in Texas but i reside in California. This is my first ever house purchase and is meant as a rental house only.I have a prospective tenant who is willing to t...
Jordan White
What insurances do I need.
As a new landlord, what different types of insurance do I need to make sure I'm covered from liabilities? TIA
Brian Olson
Dwelling Coverage Amount
I Have been going out to bid on my homeowner's insurance policies and I have found a lot of variation in what companies recommend for the Dwelling portion of coverage. Ranges have been 170 dollars sq. ft. to around 3...
Chungying Chu
How to get an umbrella policy as non-resident
I have landlord policies for my rental properties in TX and AL states, but I am not able to get an umbrella policy form my current insurance company, because I do not have car insurance and primary residence in US, as...
Billy Rogers
How much insurance do you really need on a rental?
I got a quote from my insurance agent for a property I'm in the process of buying. The coverage was for an amount about 4 times the purchase price of the property. I think if something happened and I collected 4 ti...
Satya Nagarajan
Actual Cash Value or Rebuilding Value coverage?
Hey everyone, I am buying my first property - a 4 unit building for $127K. The property will be in my personal name, not an entity. I am definitely getting liability coverage up to $1 million and loss of rents for up ...
Pamela Owen
Insurance in City of Detroit
I currently own 4 rentals in the City of Detroit, and I'm struggling to find decent insurance coverage for one of them. Its in 48224 zip code.
The other 3 are with Pioneer State Mutual which is great coverage and very...