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Do I need Homeowner's Insurance for a rental?
If not, who pays for my rental property house if it burns down?
I need some kind of insurance right?
I currently still have HOI for a property that has been a rental for a few months. And it costs at least $1000, so...
Neal Li
insurance for LLC help
Hi BP community,I've been a lurker for a few months but finally decided to join the BP community. My question is regarding purchasing homeowner's insurance for properties held in a single member LLC? I've read that ...
Jem J.
Umbrella policy for rental units
I'm into my 3rd rental properties (with very decent renters) under personal ownership. We increased our umbrella policy to 2 million. Insurance agent advised that this should be ok. Any thoughts?
Sarah Buchanan
Homeowner's Insurance on rental properties
Hello! I am preparing to purchase my first rental property and am wondering two things:1) What does an AVERAGE BALLPARK monthly homeowner's insurance policy run? (I realize this varies widely based on location, size ...
Seth Schmidtmann
Short Term Rental Insurance in Florida
We are in the process of purchasing a short term rental property in Florida, and we are gathering quotes from different insurance companies. We're looking for any information on a Company called Proper. Can anyone tel...
Lily S.
American home shield warranty
Any thoughts - pros and cons, of using this warranty to maintain your properties would be greatly appreciated. What does your typical operating/maintenance expense look like once under this policy? Is it expensive or ...
John T.
homeoner insurence or Non-owner occcupied landlord insurance???
How are you, my name is Juan. I was reading some post and I just read something that made me believe I might be wrong about the insurance I got. I have a rental property in Indianapolis, and I just get a homeowner ins...
Aaron Holtzman
How much should I pay for insurance on a $100k property?
Hi all, as a rule of thumb what % of property value (using REPLACEMENT COST METHOD) should I use to estimate insurance...again I know different markets and whatnot will impact this - especially flood zones but I would...
Eric La Pratt
203k Homeowners Insurance?
I'm weeks away from closing on a 203k in Chicago (proper) and need insurance. Getting a quote has been difficult. I'm being told I can't get a homeowners policy, that I need a very expensive builders risk and general ...
Mudassir Syed
Turning Primary residence to Rental
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