Hey BP, Question for everyone. I have 3 rental properties, 2 in florida and 1 in missouri. I have a quadplex, a triplex, and a condo. It seems like every year my insurance on all three properties goes up by 20-30%. Is...
I have a question about insurance. I've recently changed how my rentals business is structured, and I'm trying to ensure I have the proper insurance coverage. I have one LLC that manages all of our properties (but own...
I am a buy and hold investor here in the PNW. I just got quotes for Earthquake Insurance to cover my apartment building in Aberdeen and duplexes in Tumwater. Expensive, but without the income from these assets I'd hav...
I need to hide the name to protect privacy, but almost a year ago, I got disaster in one of my rental, it causes damaged roof, truss, rafter and fascia mostly. Filed insurance claim, they almost put very minimum claim...
Hi Everyone, I would like to introduce myself. My name is Chad and I live downtown Traverse City, MI. I recently moved back to my hometown from living abroad and in Chicago, IL for some time. I'm 24 years old. I recen...
I have a friend who just moved to Ohio and is assigning houses. He sends me a few houses and telling me that the homes are cheap as I can see and that the inventory is wide open. He is particularly telling me about Ca...
This new startup, called Rhino, is launching a new insurance product for landlords that claims to negate the need for security deposits. In theory, this will make listings more appealing and cut down on the hassle of ...
I've had a property insured with American Modern for a number of years. In fact, most of my properties are insured by American Modern.
At a recent renewal for one of my properties, I got a cancellation notice from A...
My rental condo in Asheville, NC was spared damage from the flood, but when the city finally turned the water back on a few days ago, they somehow overpressurized and blew out a fitting inside a wall. My property man...
With the BiggerPockets member base being so diverse (not just in Real Estate), I would love to hear peoples' thoughts about the financial services industry. As a reference, the industry consists of Banking, Insurance,...