Account Closed
Unbrella Policy needed
Neither of the two insurance companies I use for my rental properties offer a Unbrella policy. State Farm and Erie.Any suggestion s if you have over the 4 property limit.Thanks
Anthony Dupre
what are your top 2 books to learn the basis on Real estate asset protection
Hi everyone, I finally decided to jump into this real estate adventure.Would anyone have some advice and book recommendation on Real Estate Asset Protection? to understand the basis of land trust, LLC, LP, how they al...
Christian Weber
Identified first property - setting up the admin
So question - buying first investment property with 10% down conventional
Question - do I buy it in an LLC or in my name with an umbrella policy
Do I set up separate bank account for it
Do I get a separate credit c...
Leigh Ann Smith
Basis of Umbrella Insurance Rates
We have a quote for dwelling insurance for a SFR on which we are about to make an offer. It's with the insurer of last resort in Texas. I'm not sure that's the proper terminology; my husband is handling that part of...
Steve Fitzgerald
Did your umbrella policy not cover a lawsuit?
There’s a lot of debate about setting up an LLC or just getting a big enough umbrella policy. I’m curious if anyone who has just an umbrella policy has been successfully sued where the umbrella policy wouldn’t cover t...
Bhanu P.
Geico Umbrella Insurance is not covering 5th rental and beyond
Hello BP members,Thanks for your help in advance and recently we closed on rental property # 5.- We (my spouse and I) live in Texas- We do have Auto/Personal Home/Umbrella insurance through Geico.- All rental homes in...
John Lee
Umbrella Policy require auto insurance to be $250k/$500k/$100k?
Currently asking my insurance agent to purchase an umbrella policy and an auto insurance policy.He said that I cannot have umbrella policy unless my auto insurance liability limit is $250k/$500k/$100k.He also said tha...
Eric Bradeis
How do I protect myself from being sued in the future?
So I'm buying my first house using an FHA loan which doesn't allow me to buy it using an LLC, so I have to buy it in my name. I'm getting insurance for my car, home owners n flood and the agent said that I should have...
Angela Pipitone
1st Investment Property in Contract - Advice with Insurance
Hey all,I have my 1st property under contract, it will be a rental (it is currently vacant). I'm trying to make a decision between a landlord policy or an umbrella policy and I'm leaning towards landlord policy. My in...
Marc S.
All State Agent for assistance3
Good morning BP,I am currently in the final stages of closing on my first RE Investment property! I would like to inquire if there is an insurance agent on here out of New York, preferably Long Island that is an autho...