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Hi all,
Is there any need to keep any paper documents related to investment properties? I have a drawer over-stuffed with purchase and finance paperwork and insurance information, but I'm wondering if any of it actua...
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I want to know how much your'e paying for insurance. I was quoted $1500 for a 12 month policy on a triplex in CT. It's in excellent condition, rebuilt in 2017. What are you paying?
Hi FolksNeed your help please. On an investment property that's rented out, who is the owner of the insurance policy?The structure of ownership is as follows:Title to the home taken in the name of the land trust. So t...
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My insurance company keeps significantly increasing the premium to one of my rental properties every year so I have started looking into other insurance companies. The insurance company with the lowest quote right now...
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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...
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Do I need two separate insurance policies?I have a 3 unit multi-family rental in Michigan. 2 units are in a duplex, and the other unit is separate (it looks likea single family home next door, but is actually on the s...
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I have hard time to purchase an Umbrella policy. Every Umbrella insurance wants my auto insurance .. but their quote is invariable 2 times the price of my current auto-policy carrier., which does not offer an Umbrella...
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My wife and I own one unit of a 2 unit building which we are living in. For whatever reason, we have an HOA for the building. The other owner own rents the upstairs.
When I started inquiring about coverage for STR in...
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What is best practice for correcting details on a recently issued homeowners insurance policy? The property was renovated a few years ago (we purchased in February 23) and the details are incorrect. List of issues:1. ...
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I know insurance industry is changing a lot these days. To reduce the insurance cost, can I have one insurance that cover more than one rental properties? Mostly I am interested in taking homeInsurance because of the...