I am currently re-writing my lease and rental agreements. One of the additions is renters will be required to have renters insurance. Now do I have them list me as Additionally Insured or just Additional Interest? ...
I am going to buy a property with a SDIRA. Will need to insure it. The IRA is in an LLC. Since I cannot have anything in my own name, the insurance would be written to the name of the LLC. Are there any special co...
Hi everyone,I have read a few Property Management agreements and they all seem to say that the PM company must be listed as an additional insured on the insurance policy (DP Policy). Do those who use property manageme...
What is the best practice when it comes to requesting Renter's Insurance, to have the Property Manager listed as an "Interested Party" on the policy, or listed as an "Additional Insured" on the policy, or both?
A current tenant acquired a renter's insurance policy that listed him and his girlfriend on the policy as the insured individuals. He asked the insurance company to have the landlord added as an additional insured and...
Hi fellow BPers,Trying out a new property management company for my property in San Antonio. The company is requesting to add their name as additional interest in the landlord Home insurance of my investment property....
BP Team, Seems like there is a lot of interest in other posts regarding whether it is necessary/wise to have an holding LLC in addition to individual LLCs that own property. I found a lot of mixed opinions and felt be...
I'm the primary insured, but my PM wants to be included on Liability policy. Has anyone heard of this?My insurer refused to accommodate the request saying they've had problems with PMs named in their policies, althou...
Thinking of turning my rentals over to property management company. The PM company requires me to add them to my homeowners insurance liability as co-insured. Is this a normal request?
We have rental units of various types (Multifamily - a 6 unit and a 10 unit, Duplexes, SFHs, and a couple condos). Our rental agreement clearly puts all liability for accidental disasters on the tenant (worded well)...