HI! So I purchased my first property, a 4 unit building in the west suburbs of Illinois, this summer. I was initially quoted $1750 per year for insurance coverage from a local company. Then the inspector comes out an...
Property Insurance on a duplexLet me get to the point:I've been focused on getting this deal closed and did so yesterday. Two duplexes purchased for total price of $200,000. ($100k each in one deal)I am going to do s...
For cheap SFR with good ROI, how much coverage do you usually get for landlord insurance?market value or rebuiild value? how much is reasonable for "Medical Payments to Others - each person" under general liability?
I'm closing on my first property (YAY!) in a couple of weeks, and working on setting up insurance. The insurance provider that I have my personal home and auto insurance under (State Farm) quoted me for a Rental Dwell...
Team,Im having a tough time finding an insurance provider for my medium term rental in Pittsburgh and I'm looking for suggestions.I own the building (triplex) where 2/3 units are traditional long term rentals, and 1x ...
Hello BP Landlords:I am updating my lease agreement to make it clear that tenants must purchase renters insurance. For those of you that require renters insurance from your tenants, what are the minimum requirements y...
Hi all, wondering if folks have had more success on fire/landlord policies with local insurance agents or if the "big box' folks still work. Trying to figure out the best options for OOS investing in the Huntsville a...
We own several condos and are required to provided full coverage for the entire assessed value of the condo even though our responsibility is with the interior for coverage. Do other REI provide the HOA's insurance co...
What does insurance cover (generally) related to hurricanes? Looking to get feedback from people who have dealt with hurricane related damage before. Are there things you have to worry about saying when you call the i...
I owe a condo that is now going to be rented. I have gotten quotes from a couple of companies. I'm wondering how much coverage is adequate.
One quote I've gotten has dwelling at $6K, after talking to the agent. While...