Yaron Horsky
More then one property
Hello all,I'm in the middle of a contract for my second property, and I have some questions about insurance. 1. How do you select your insurance policy? Do you ask for number of quotes and compare? 2. When you have mo...
Nance Smith
Landlord Insurance what it entails to obtain
Hello,
I’m new to this site. I’m thinking of renting my older home as an investment in the future. Does anyone know of reasonably priced, and easy to obtain landlord insurance. Never done this but can someone explain...
Mario Morales
Insurance premiums on commercial vrs residential
I have a mix use property, 3 units. 2 residential and 1 office space. My broker tells me that I am paying more insurance because of the commercial unit, which is just a tax office closed from May-November. They pay re...
Rick Campins
Multi-family (2-4 units) Landlord Insurance Providers
We currently own five duplexes in Minnesota that are insured through Foremost. We would like to move to another insurance provider due to multiple issues with Foremost:- Auto-canceled policies multiple times due to th...
Carrie A.
why is insurance such a pain....?
Should be closing on my first deal in a week, a duplex. I was trying to shop around for insurance... I tried to get 4 different quotes, only 2 agencies responded back to me... of the 2 that didn't, 1 of the agents w...
Alice C.
Insurance for vacant property in South Chicago
Hi, Must I have a property management company in placed before I can get insurance for my vacant property? The house needs rehab, I want to buy insurance to avoid vandalism. Property is in South Chicago.Appreciate yo...
Cynthia Carrier
Can I go FHA?
Hello, in October 2023, I converted my single family home to a rental. Now, in 2024, I'm looking to purchase a new primary residence not that far away. The rental is conventional. Can I go FHA on the new primary re...
Matt F.
Home Owners Insurance from "no-name" insurance companies
Hi everyone,I have a policy with State Farm on homeowners for one of my rentals, the price is $1400 and most other companies ive quoted (all state, travelers) are around 1200 (so basically the same).I also got a quote...
Payman A.
2 claims and now I'm very worried!
Hi all and as usual, very comforting to have BP to share & ask questions in. So below is the quick and dirty overview of my situation:- claim #1: submitted earlier this year for substantial water damage in LA ren...
Brian Campbell
Insurance Question
I have 5 rental properties and 6 houses I've sold on contract. My insurance guy has talked me into carrying replacement value insurance. Most of my monthly ins. cost average to be around $45-$50/month for most prop...