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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?
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Hello,
Hoping to get some suggestions on rental property insurance. We are getting ready to rent out our property in North Carolina so we need to change from our homeowners insurance to rental property insurance (th...
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I have owned rentals for about 7 years and in that time I have put in a few claims. Seems like no matter what the issue is they reject it. eBay even told me after the last one that putting in claims will increase my p...
If sell a note to somebody, does the lenders title policy and hazard insurance have to be changed to cover the new note holder, or does the coverage somehow automatically transfer to the assignee?
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I am buying a multi-unit property and cannot find cost replacement coverage insurance because of needed repairs. The lender requires that kind of insurance before closing. What options do I have? Is there anyway to ge...
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Hello Everyone,I own several rental properties in Fairfax County, VA (Washington, DC suburbs). I just finished paying my rental property insurance premiums (State Farm) for the next year and realized that the premium...
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Hey all,So I have almost closed on my first bigger purchase of a 10 unit apartment complex for $350k. I live in south east Washington. And I am clueless as to where I should look for insurance on the commercial prope...
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When having a house rehabbed, what type of insurance is needed?
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Hello,I’ve blindly been insuring my rental properties with the same insurance company I use for my personal home and auto. I need to dig in deeper to make sure I have adequate coverage. Ive been a buy and hold investo...
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Hello!What steps do I need to take to turn my primary residence to rental?will there be change in insurance, lender notice etc.Thanks,Mudassir Syed