Is there a need for extra umbrella insurance (extra 1 million or extra 2 million ), over and above regular individual insurance of $1 million on each individual property I own. I own 11 properties with biggest one be...
I was considering getting a $1M umbrella policy for $22 a month. I went online to get a quote on Rental Property Insurance (USAA calls it that) for a SFH I am evaluating. The quote showed for an additional 45 cents ...
Hi all,
I'd be interested if some of you can share recommendation of good umbrella insurance companies that you're using, and am also interested in insights regarding the coverage that you selected. I understand tha...
Hi, currently I only have 2 rentals with separate insurance polices and both cost approx 700 a year each, my insurance agent said when I get to 5+ properties that I should go with an umbrella policy, and from what I'v...
I have two properties (combined value - $1M) in NJ. I have to decide between increasing liability insurance (that comes with home insurance) on both to $1M from current $500K or taking a $1M umbrella policy. Here are ...
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...
As a landlord, I own several rental properties, I manage the properties by myself, I also hire the contractors / handymen to do the repairs when the rental Properties have problem, so what kind of Insurances do I have...
Hi BP, I have over 20 properties, most in my personal name but a few in an LLC. I want to get an umbrella policy to cover all of these properties on top of the $1,000,000 liability I already have on each property. M...
Hello all, I'm new to rental business. We just used the buy and hold strategy to refinance our previous sfh and would like to rent it out asap. However, I'm not sure about how to get the umbrella insurance for this pr...
New to the community; so, thanks in advance for the help. Been reading the forum for years. I have a 25 unit apartment complex in its own LLC and two duplexes and a single family home in my personal name. I have read ...