Zach Shull
Insurance on a rental that's on my primary residence
I have a property with a main house and a guest house/studio that is attached with a separate entrance. The house is my primary residence. I was told that I needed to have a minimum of a $1M umbrella policy for the u...
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...
Brian Hinkle
Renters Ins; LL listed as Addl Interest, not notified of cancel
Hello,I am running into something right now that I didn't think I would have to deal with. Each of our leases indicate that the property owner must be listed as additional insured. Some insurance companies do not allo...
Nicole A.
Reimburse legal fees for rent court?
I was speaking with the PM company I use to file my Failure to Pay Rent and Warrant of Restitution papers and she asked if I am getting the fees I pay her (the PM company) reimbursed by the tenant as "Additional Re...
Dakota McCure
Insurance when renting out a condo
Hi all,I know this is a basic question, excuse me, but I'm trying to figure out... What insurances would I need in place if I were to rent out a fully paid-off condo to someone? Does condo landlord insurance cover eve...
Filip Reutov
Rental Insurance Question
How do I set up in a lease, to protect myself (landlord) from tenant putting together a lawsuit against me for property damage during unforeseen circumstance like fires or earthquakes etc. when they didn’t purchase re...
John White
Do You Require Tenants To Carry Renter's Insurance? Why?
Good Evening...I've seen a lot of leases where the property owner requires the tenant to show proof of Renter's Insurance. Is this something that you do? Why? I guess the real question is what impact does it have o...
Tom Benette
Insurance for rental property
We own an LLC which in turn owns a rental property (single condo). We use outside managers to manage the property.Right now I am using an All State personal policy on the rental property with the LLC as additional in...
Dave Bopp
Is Additional Insured on Renter's Insurance Necessary?
A current tenant acquired a renter's insurance policy that listed him and his girlfriend on the policy as the insured individuals. He asked the insurance company to have the landlord added as an additional insured and...
Tricia O'Brien
Tenant's Renter's Insurance- Interested party same as additional insured for me?
Hello! I have a new tenant moving into my California rental home in about 24 hours. On his " Renter's Policy Declaration" with Lemonade Insurance, he has me listed as an "interested party". I asked him to list me a...