Darsh Makim
Multi-State Blanket Hazard and Umbrella Insurance
Hey BP! I was curious if anyone had a good contact for Insurance. I have properties in multiple states (VA, PA, MA, etc) and was looking for a blanket policy for homeowners insurance that would allow me to leverage ...
Steve Shaffer
Small Multifamily Insurance greater than 4 units
Hello all. I closed on my first six-unit in March. Before than I had several single families and four-unit multi's and had used my trusty insurance provider for everything. I feel their rates/discounts are relative...
Roger S.
File an insurance claim, or not?
I have a house I just evicted a renter from. Found out that the floor in the house is buckling. I crawled under the house and found standing water. I turned all the faucets off and the meter still spins very slowl...
Dana Walker
Where are the Insurance Companies?
I just have to get this off my chest. Where are the Insurance Companies? Last week in Texas and now in Florida means it is pretty much the Insurance Company Super Bowl. This is their big moment but where are they? ...
Melissa Gittens
Reasons Why Insurance Companies Won't Insure a Property
What are some of the main reasons why insurance companies would not want to insure an investment property or would insure for a higher premium?
Ronald Trepton
Need help understanding ACV Landlord insurance
Hello BP Community,
I have two rental properties that my insurace provider Allstate will only do ACV policies on. I am told this is because they were built prior to 1941. Replacement policies are easy enough to under...
Steven Barr
Thoughts on rehabbing fire damaged properties?
What do y’all think about flipping properties that have a sizeable amount of fire damage?Are there too many unknowns? Does it require pulling permits?Thanks!
Ryan Pyle
Insurance for apartment building with 60 amp electric service
Has anyone had any recent luck getting insurance for an apartment building with 60 amp electric service? I've been able to get them done in the past but am hitting a brick wall on a deal I'm doing now. I guess I sh...
Wynn Meyer
Struggling to find vacant reno policy
Hi all,I recently purchased a 1916 farmhouse in western Maine in need of major repairs. Currently there is no heat or plumbing systems in place and the original field stone foundation is failing. I have not had any l...
Matthew Basa
Homeowners insurance for rental property
Hello BP community, which is more recommended when insuring your rental property- insuring it for its replacement cost or just the cash value? Not sure if one is definitely better than the other or if it’s just based ...