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My parents bought this for me many years ago. I'm in the process of transferring ownership to me. The cash value currently is around 24K. The death benefit is only 100,000. I know I can borrow against the cash value, ...
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I have contacted three separate independent insurace agencies in town and all of them tell me that they can not give a GL policy to my business because I am an investor that buys and sell's houses. I'm planning to get...
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I recently had exterior and interior damage to my IL 3 unit condo property and personal unit within it resulting from a neighbors's clogged, flooded gutter and the excessive Chgo spring rains. I had 4 policies on the...
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I am in the process of getting a mobile home that is located in a mobile home park, it is a rental unit with good cash flow. I am looking for insurance options as a landlord that owns the mobile home but not the land ...
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I bought my first rental property in May in Huntsville, Al, and now the insurance company (State Farm) is threatening to cancel our policy because the property has been vacant for over 30 days. Is that normal? What ...
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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...
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Asset protection,Reside in CA, and read about RE investors having the option to start a LLC in NV that's within a trust and also purchase an umbrella personal liability insurance policy (upwards of a $1m - 2m+), to gi...
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Will this ask raise my premium with my property insurance company? Thx!
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I'm acquiring my 5th buy and hold property and plan to rehab for about a month, then market for rent. My current 4 are under personal landlord insurance policies through Geico and umbrella is also through geico. All r...
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We are in the process of shopping for insurance for our first 2 unit in Pennsylvania that we are closing on 10/1. Our current broker has sent us one quote already. My question is, what coverage options are must haves...