Hi Everyone,So my properties are in a trust. However, my insurance for these properties was under my name only. I just discovered recently that that is a HUGE mistake, being that if anything were to happen, my insuran...
Hi BPers,Do any of you have insurance company recommendations for rental property; insurance that is well priced. I live in California and all the big contenders seem to be ridiculous with their coverage. I currently...
Hi,I have tenant asking for a copy of home insurance. Tenant is saying their car insurance company requires them to have proof of home insurance for the home they live in so they can renew their car insurance. They pa...
We have an LLC and have a commercial liability policy with fire and dwelling, as well as the umbrella policy that extends liability limits beyond the original policy. Do we also need "Landlord" Insurance? Or is that...
Hi everyone,
Posted this on the landlord forum because I didn't realize that there was an insurance forum.
I'm a little confused. To protect myself from liability, my insurance agent suggested two things: either re...
Has anyone Benefited from carrying liability insurance? What real-world claims have people made, and gotten paid for, or how has your liability insurance (/homeowners insurance /landlord insurance) actually helped yo...
Hi all,I'm closing on an investment property in 3 weeks and have run into an issue. The lender is requiring that I have an insurance policy with rent loss coverage. The property is going to be vacant initially as I ne...
Hello, I used to have umbrella with GEICO that was pretty affordable, but once I purchased over 4 properties, they refused to carry my insurance and referred me to their sister company RLI. This company charged me a b...
I have a rental property (townhouse) that recently had some water damage. The faucet to the tub on the second floor broke when the tenant tried to shut off the water. It took her awhile to figure out where the main sh...
Hi experts, I am hoping you can help me with my unique situation. We used to live in US until last year. We own a couple of properties there and now all are rented out. Since we are not in the country at the moment, w...