Hello everyone! I just learned a harsh lesson regarding landlord/homeowners insurance policies. One of my investment properties had two, separate plumbing issues (wthin 2 years of one another) that we filed claims for...
Hello all,
I'm looking for advice on which insurance policies I need for my flips and which policies should fall onto my general contractor. On my past flips, I have done a builder's risk policy (very expensive) and ...
Question for anyone and everyone:
I am buying a triplex to owner-occupy and not sure what I should be looking for in a multifamily insurance policy. I now have three quotes which are all different. I really don't kno...
Hello BPer's:Anyone else out there tired of the annual insurance premiums increasing year after year, even with no claims ever? My rates jumped 25% on all my properties in just 1 year all with no claims! I have Erie I...
Im working on a flip and I fired my GC recently for not meeting my deadlines and for poor craftmanship. I am now realizing that the plumbing was faulty, The electrical is faulty and the tile flooring installed is als...
I'm in the process of close on my first rental house. Currently am shopping for an insurance policy for the rental. My statefarm agent just tell me in order to have a rental dwelling policy I have to have a tenant in ...
My brother and I are purchasing a lot that has two buildings on it as an investment property. The property is in Pawtucket, Rhode Island.There is only one deed for the lot. We are getting a lot of different info from ...
I had a Tennessee STR burn to the ground in a wildfire last month. I'm planning to replace, but working with insurance on coverage. The insurance adjuster has sent me a Proof of Loss form to sign requesting my full st...
General question... When you manage a property for someone, do you require to be named as an "additional insured" on your clients property insurance or umbrella policies? Why, or why not?
Hi all, need a little advice on Umbrella Coverage.
Right now I'm buying&holding residential properties(1-4) that are under $100k appraised value. I don't plan on using an LLC yet so I can make financing into conf...