Kevin Y.
Question on Type of Insurance
Hi,I own a property that is under my name and two other individuals. We plan to do long-term rentals on the property out for most of the time. We are concerned with personal liability on the property, say if someone i...
Brian M.
Umbrella Policy when you own 10+ rentals
I recently wanted to add an Umbrella policy. My insurance provider for my home and autos is Allstate and I have the coverages needed for an Umbrella. However, Allstate doesn't provide an Umbrella for customers who o...
Connor Mather
Business Structure and Insurance for Buy and Hold Rentals
Hi Everyone,I am in the process of transitioning my 3 townhomes out of my name and into my LLC. I was wondering how everyone structured their long term buy and hold rental properties. 1. Do you keep all properties in ...
Dan Tsunekawa
Adjust my property insurance when value increases?
Hello BP!I was looking at my insurance coverage on my san diego rental yesterday and i noticed the replacement coverage is way closer to the purchase price from several years ago. close to $300k, where as the value to...
Lindsey Andrews
Home and Landlord insurance for a House Hack
Hi,I just bought a property in Florida.I'm looking to house hack, meaning it's my primary residence and I want to be covered for landlord's insurance in some way if possible as I want to rent a room with the MTR strat...
Katie Helmboldt
Renter's Insurance Liability Minimum?
Hi, folks, I just closed on my first deal a few days ago, and I'm editing our first lease using the template given from BP for my state (Maine). There is a section about leasees providing their own renter's insuran...
Sam Johnson
STR Rental Insurance (CBIZ dropping coverage provider)
We were notified that CBIZ was not renewing its policy with its STR insurance carrier (western world). After talking with our rep we also found out a lot of new policy providers restrict coverage to a 4-6 floor max a...
Rogelio M.
Lender "Mortgagee Clause" vs. "Additional Insured" on Insurance Policy to Property a
Ref: Lender "Mortgagee Clause" vs. "Additional Insured" on Insurance Policy to Property as CollateralHow specifically should a private lender be mentioned on the owner's insurance policy to a property used as collate...
Dimitri Paspalaris
Insurance for Rental Property
Is this too cheap for rental property insurance and does the dwelling need to go up? The cost of the property is 160k.
$537.00
12 Month Term
$75,000 Dwelling
$300,000 Personal Liability
$6,000 Personal Property
...
Eric Finn
South Chicago Suburbs Insurance
I am buying my first rental property in the south suburbs of Chicago. I was just wondering what companies others are using and what there premiums costs? It is a sfh 4bd 2ba ranch house. 1425sqft. Since it is my first...