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I am buying a rental house that has a detached garage in addition to the attached garage. Should I get additional structures coverage for the detached garage? And if so, how should I determine the coverage amount?
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When looking at a DCR for a multi-familt property (4+ units), what is a number you guys feel comfortable using? Also, why do you feel that minimum DCR is a good place to start? Thanks!
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Dear BP family,Could you please tell me what is "gap coverage indemnity", and do I absolutely need it to get for all my purchases?Thank you all in advance
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I'm a new investor trying to figure out what most do for their insurance coverage. The quotes I'm getting seem to be a bit more than I had been running through the calculator. What kind of coverage and deductibles d...
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Looking for recommendations on property coverage AND liability coverage. Do we need both? What is covered by each? What is NOT covered?
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The insurance I currently have on my rental has the 'NAMED INSURED' listed as the Property Manager and then my name is listed as an 'ADDITIONAL INSURED'.When I questioned this, the explanation was so the property mana...
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Hey BP I need some advice I purchased a home in 2018 in Philadelphia Pa that I am currently fixing up to rent out. When I first purchased the home I attempted to put insurance on the property but the agent came back s...
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Hi BP Community,I am getting quoted on a DP3 policy for a SFR in Jacksonville, FL. Purchase price was $84k and home value is $145k. I received a quote for an annual premium of $935 for $100k of liability coverage and ...
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Hello,My rental has a fireplace and when it rains, the tenants notice signs of moisture by the tiles (it darkens). Nothing on the walls, nothing in any other place, just there. Is this something the insurance will cov...
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Hello BP MembersIf anyone knows of a Insurance program that I can get to cover any future Liability as I buy repair & flip SFR . In case a buyer tries to bring any legal issues in the future pertaining to repairs ...