I've been looking and getting quotes on personal umbrella insurance and noticed that they have limits on the number of properties that can be added. One had 3 and the other had 6. We are looking to find one which ha...
Do I need landlord insurance if I have homeowners + umbrella on my rental properties?
Hello,my rental property was built in 1960.I got the standard lead disclosure form that says seller has 'no knowledge' of lead based hazards in the property. I tried getting umbrella insurance from Geico.Geico is sayi...
I closed on a SFH last week. It's a small new construction. The liability on my H/O's policy is almost 4X the price of the house. Is this sufficient for general liability purposes (someone slipping and falling, etc...
Hello,I’ve blindly been insuring my rental properties with the same insurance company I use for my personal home and auto. I need to dig in deeper to make sure I have adequate coverage. Ive been a buy and hold investo...
Well, GEICO decided to cancel my umbrella due to having over 5 properties. I have 9 rentals, a primary and an auto. I have 7 properties in MD and 3 in NM. Called around and lots of companies wouldn't insure with an...
Do I need umbrella insurance if my liability limits on my properties are already 1 mil/property, 2 mil aggregate? I’m running into issues getting an umbrella policy as my vehicles and properties are insured through d...
Hello, I used to have umbrella with GEICO that was pretty affordable, but once I purchased over 4 properties, they refused to carry my insurance and referred me to their sister company RLI. This company charged me a b...
Hey guys!
What type of coverage do you have for your rentals?
1. Liability insurance for each rental property (for example, 300K limits) OR
2. One million primary residence insurance with 1 million extensions to each...
I just want to get some opinions. For a new investor starting out, when would be a good time to get an umbrella policy? When you hit a certain number of properties? 2 houses, 6 houses.When you have a certain net worth...