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My insurance agent has provided me with wise information on multiple occasions (the greatest money saver so far is to NOT escrow my insurance and bundle my properties when they are geographically located in close prox...
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I own a SFH (3Br 1.5 Bath-Ranch) rental in the Twin Cities of Minnesota. My Fire/Dwelling policy covers the rebuild cost of $193K, $2K in personal Property, and $100K liability (seperate $1M umbrella) for a yearly pre...
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Hello Folks, My tenants doesn't have renter's insurance. I am not sure how important it is. Please elaborate.
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Any agents you would recommend in Indiana? I need to insure my first triplex and would appreciate any recommendations.
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Hi there,I am completely dissatisfied how Liberty Mutual is handling my claim, and we have all our insurance polocies (home, rentals, aturo, etc) with them. Depending on the outcome, I am thinking of swithching to ano...
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I am 6 days from closing on a new SFR and am having trouble getting insurance on it. This property requires renovations, and due to the location I am estimating I will need 60 days to finish the project. Contractors a...
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I'm trying to better understand what makes up an "Apartment Insurance Policy" and how it might be different than a typical insurance policy.The context was that an investor has a duplex and decided to go with an "Apar...
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LIABILITY - Continued Always carry as much liability protection as you can afford. As a minimum, you should carry $1,000,000 per occurrence. The larger your portfolio, the more liability protection you should have. Su...
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When figuring out expanses, one thing that eats away most of my profits is insurance, but I assume pretty much same number for any size/year property: $1000/yr for homeowners insurance and $1000/yr for flood insurance...
Hi all- We closed on our first STR literally one week ago and today I was informed by my insurance agent that our homeowners insurance company cancelled our coverage because in their words "A HOME/DWELLING RENTED LESS...