Lenny B.
What should be the amount of Umbrella insurance?
Hello everyone,I've been trying to figure out the answer to a question about how to come up with the amount of umbrella insurance coverage I need. I used to have $1M umbrella, but my insurance agent says I am signific...
Peter Baudendistel
Umbrella Insurance across States, HOI Companies?
Hello.I now own multiple properties in a variety of States and municipalities with some purchases earlier this year. It is clear to me that it's time to get some umbrella insurance. I currently utilize several insur...
Carlos C.
Insurance for rentals and LLCs
Hi, I'm making a few changes on the setup of my rentals and would like advise on the way the insurance should be setup to have adequate/optimum coverage. I have Farmers insurance Company.Rental ABC Main St. 1- Add a L...
Quinn Rudolph
Landlord Insurance and Umbrella Policies
Hey everyone! I have a couple single family rentals in Texas and I want reduce my liability as much as possible. What extra steps do y'all take to protect yourselves legally? Does anyone have a great experience with a...
Kathryn Schauer
Named Insured vs Additional Insured
Just purchased my first rental property.The insurance company has a sort of a "Master Plan" agreement with the property management company I am using. As such I get a quote that is cheaper than normal as long as I am...
Shawn Dandridge
Rental Property Insurance w/ Liability coverage
I got quotes from my insurance company, USAA, for two duplexes. Each policy comes with 1MM per duplex. Total cost for each duplex is around $60 a month. Is this too much insurance per duplex or does this sound abou...
Rodrigo Serzedello
Home owners insurance X Rental Ins or Umbrella policy?
Hello everyone!I've started building my portfolio this year and currently I have 3 properties in Cincinatti area with prices ranging around 65k each.All of the properties are in my name and now I need to decide my ins...
Mark Yuschak
Liability insurance - how much is enough?
We own a few rental properties in Michigan and have notes on each of them.
Currently we carry 1.5 million of liability coverage on each property (500K base, plus a 1 million dollar umbrella). We would like to put th...
Antonio Chelala
What insurances should I be getting?
Hello everyone,I hope you are doing well.I am a bit confused on which insurances to get, i know there is the homeowner insurance, and I will be requiring my tenants to have rental insurance. Does having an umbrella po...
Mylan J.
vacant property insurance
Can anyone suggest a or a couple of good insurance companies? I need to assign one before my rehab starts.