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I recently shopped around for a new house insurance company because I was quoted $1400 a year for a SFD with a basement suite with a rebuild value at $340,000. I settled with TD home insurance because they quoted me $...
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Recently bought a SFH (not in LLC) the price of rental insure has jumped significantly with State Farm, what are better options?
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Hello all - I aquired a multifamily property last year and my hard money loan will expire in a couple of months, I was in the process of refinancing it, but the bank is requiring that the insurance policy to be on a r...
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Hi everyone,I started investing in rental properties through my LLC in 2015 and I currently have 6 rentals (10 units altogether as some are doubles). I'm working with a local insurance agent and I insured each propert...
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I'm buying a 10 unit apartment for $350k. (There is also a SFR along with it). How much insraunce do I need to get for this thing? I have the previous owners policy to compare to, and I am being "told" what to get fr...
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If you live in one of the units in a multiple unit building you own, do you still want landlords insurance? Or would you go with home owners?
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Should I contact the insurance company? I just received a call from my PM. The tenants reported a roof leak and it’s still raining. The PM recommends I call the insurance company tonight if possible. ...
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I am getting quotes for a 4-unit apartment building. I know the DP (dwelling protection) insurance policies are standard landlord insurance but my agent tells me I can also get a Businessowner policy to cover the prop...
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My lender is requiring I carry Hazard insurance on my investment property. They are asking the policy equal the 'unpaid principle of of the mortgage' which would be $90k. Is this normal? How much would the monthly pr...
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First time home buyer here.I was wondering what should I be looking for when evaluating different insurance proposals?I know that lower price isn't necessarily better, but since I have never purchashed insurance befor...