Hey guys I could really use some help finding a stand alone umbrella policy for 1-2 million. I've tried to go several different routes and keep coming up against road blocks. My current insurance company has the cars,...
Having a hard time finding a policy that covers sump/water backup, but I found one at an okay price. The only problem is the liability coverage is max at 500k. I'm buying with a LP/Corp structure, not a LLC. Unsure if...
I've been househacking for about 2 years, and have recently rented out all the units of my property in L.A. Since I won't be at the property any longer and plan to get a few more units in the next couple of months, I'...
We are looking to put an offer on a property in Tennessee/Smoky Mtns area. I am trying to get things lined up while I wait and was wondering if anyone could recommend an insurance company. Does anyone have umbrella in...
Hello all, I have decided against moving my 2 properties into an LLC and instead will opt for umbrella insurance. I have often heard on the podcast that it is only a matter of time before a landlord gets hit with a la...
I own (1) primary residence and (3) rental properties. Long and short, switched all my insurance. including auto to one company. The quote was cheaper, service was responsive. One one of my rentals - AFTER issu...
Dear all,I have acquired 4 SFH and 1 duplex in 2017, and I have two more in works that should close soon.All except one I have done in partnership with a friend of mine and all of the properties were purchased using o...
My attorney recently advised that I get a separate and specific liability policy for my rentals. I had a personal liability policy but he wanted a specific one naming my Rental LLC and the addresses. I just got a quot...
I went ahead and contacted my insurance agent about insurance plans for landlords. Ive read on bigger pockets about an umbrella policy, and that it only cost several hundred bucks per year. Well when i started shoppin...
What are the pros of putting a property in a llc vs just getting a 1-2 million dollar umbrella policy to protect yourself?
I’m refinancing my home that I currently live in into a conventional loan. Once I buy another...