Kai Van Leuven
Fighting Flood insurance
I wanted to ask if anyone has thoughts on fighting to have your FEMA flood insurance lowered. Right now I have a property that is in the AO zone. I was thinking about these 2 strategies right now:
1. Get a quote thou...
Mike Girenko
Landlord insurance price
Hello all, I am paying $426 / year for a 500 sq ft 1-bdrm condo in Aurora, CO. The coverage is $40,000 for condo unit and $500,000 for liability. Does this price seem reasonable? I could not find a better price, but s...
Dom Chit
Multifamily Insurance Questions
Hi, I'm in contract to acquire a 2 property deal: 6 unit apartment and 6 townhome. Looking at insurance for these properties, what is generally considered to be adequate coverage, ie what should be covered and how muc...
Steve Q.
Seeking Insurance Broker
Hello,I'm buying a four-unit in Pawtucket, owner occupied. I'm trying to find the best insurance option and it's getting confusing. Allstate gave me a great quote if I bundle with my car, but their car insurance was ...
Todd Krzeminski
NFIP Flood Insurance
Anyone have a recommended source for Flood Insurance for a SFH? Getting quotes for one of my Indianapolis properties in the $3k+ range, which is outrageous. I could insure it myself at that rate.
Calvin N.
Insurance while rehabbing
I have purchased a builder's risk policy for a house we are renovating. However, it does not include any liability insurance. What type of policy/coverage do you recommend to for liability? Any particular company? ...
Michael Wentzel
Question about insurance
Hello everyone,
We are closing on our 2nd multi-family next week. I've found an insurance broker I really like.
So he has been running numbers for me on this new property. It seems like we have a lot of...
William Kyle Walker
Commercial Mortgage Insurance
Hello BP
I have a question about Commercial Mortgage Insurance. I would like to know what criteria the underwriter would look for when issuing the insurance. What insurance amount will they issue? Will they i...
Jeff Wang
Landlord/Umbrella Insurance
Hello,
I have one investment property which is a SFH. I have the option of going with a landlord policy with $1M in liability coverage. I can pay $300 more per year to get that to $1.5M using the umbrella/excess in...
Dan W.
Insurance on flips?
Looking for any input regarding insurance policies on flip properties. Im in Las Vegas and operate as an LLC.