One of my rentals was heavily damaged by a fire after Thanksgiving. Looking my insurance policy it mentions that I can opt for settlement under Actual Cash Value vs Replacement Cost. The itemized damage estimate tha...
Hi BP,I need help translating and understanding co-insurance. I am about to close on a multi-family property out-of state and need to bind insurance coverage immediately. After going through the process of finding a...
Hello, I got 2 quotations from insurance company. Some coverage are higher then other and the premium are like $200 different. As I ahve very limited experience of insurance. I would like to hear your advise on which ...
Insurance.I get it.Real estate is filled with lots of exciting stuff, but insurance generally isn’t considered one of them. Insurance ranks right up there with property taxes... just another expense to throw on the pi...
Hi Bigger Pocket Friends! As a landlord, what is the minimum amount/requirement that your tenant must obtain as part of their policy and coverage? There are different nuances of a renter's insurance policy and coverag...
Hi folks - I'm in the middle of closing on my first quad in Fort Worth, TX and have a question regarding insurance policy. From a bit of research I understand that they take on a few different forms such as umbrella ...
Hey everyone! I am closing on my first rental property with some partners at the end of the month and are currently shopping around for insurance. We plan to obtain homeowners insurance (obviously), landlord insurance...
Hi,
What's the rule of thumb to decide how much coverage we should buy for residential rental property such as 4plex?
The insurance premimum seems to close correlate with the dwelling coverage. To reduce the premium,...
I am starting my first Airbnb property in Sedona, AZ. I have seen so many posts that recommend different types of insurance coverage such as property, umbrella coverages,.. for STR from different providers like Prope...
I have a property in an llc. What are all the insurance needed for rental? Here is the list I gathered from previous posts that I wanted to confirm. 1. Fire dwelling policy with llc as name insured and owners as addit...