HI everyone. I am in middle of buying my first 4 unit home in South Florida. I got a decent Homeowners insurance quote. My issue is I want a $1M Liability/Umbrella insurance policy. The property will be in my name so ...
Hello,I am buying 2 investment properties. Am trying to decide between creating an LLC and getting Business liability coverage for the properties or just covering them using my personal umbrella insurance.Any suggesti...
Hello BP Community, I took out a 30 Year Term, $100,000 policy with AAA Life Insurance. Right now I'm paying $36 a month. Presently I'm single, no kids and took out this policy at 31 years old and I've had it for a...
We're doing some financial forecasting as we get ready to purchase our first home ($120k-$150k range) and are trying to project insurances... can someone clarify for me... Do you get a Landlord Insurance Policy IN PLA...
I am running into a problem finding this number.Let's say my property converted from personal to rental in June. I cancelled the regular home owner insurance around June, to purchased a new policy that is rental insu...
Hello everyone! I am getting ready to close on a property in the couple weeks. It’s time to look into home owners/rental insurance. I will be living in one unit and renting the other unit out. I am confused whether I ...
Im in talks to purchase a mixed use commercial/residential building. Any advice with regards to creating a LLC (or other corp type) or to just personally add it to my own portfolio? My personal portfolio is getting a...
How would you think about the risks of buying a park in a tornado prone area? What about a 100 year or 500 year flood zone near a river? What does the worst case scenario look like for the park owner and how do you q...
I have 5 vacation rentals and all have insurance specific to them being used as a short term rental. I want to add extra liability insurance to the 300-500K offered in my policies. I have a personal umbrella liabili...
What are things I should be looking for/paying attention to for rental property insurance (dwelling, liability, loss of income wise)? Just wondering if insurance agents try to exclude important coverages that may be u...