Sway Tseng
Insurance provider coverage
Who do you use for insurance carrier when house hacking? Do you carry separate Rental Dwelling Policy? Which carrier do you used for Commercial Umbrella Policy? Thanks in advanced.
Cameron Moore
Insurance Coverage Basics
First, there are 2 types of Valuations in insurance; RCV (replacement cost value) and ACV (actual cash value). RCV is almost guaranteed to replace your home back at the standard it was before it had a major loss. ACV ...
Steve Kirsch
Umbrella Insurance coverage
Hello BP'ers, Regarding obtaining an Umbrella Insurance Policy for liability protection for both personal and professional assets, is there a rule of thumb on the coverage amount based on total asset worth?Thank you S...
Brian Olson
Dwelling Coverage Amount
I Have been going out to bid on my homeowner's insurance policies and I have found a lot of variation in what companies recommend for the Dwelling portion of coverage. Ranges have been 170 dollars sq. ft. to around 3...
Alfredo Alfaro
Insurance Coverages Recommendations
Hello I was wondering what kind of insurance everyone tends to put on their RealEstate Investment Properties? My Insurance tells me about how their system advises to have a certain amount and if I want to change it th...
Maria Tarakji
Home Insurance Coverage
Hello,
I'm about to purchase my first property and I'm shopping for home insurance.
I got so many different quotes and I'm not sure how much I want my dwelling coverage to be, what's the recommended value for it? A...
James Thomas
HOI - Adequate Coverage?
BLUF: Is the below Homeowners Insurance (HOI) coverage adequate for a $700,000 personal home with an attached one (1) bedroom multi-generational unit (aka: mother in-law suite)? Coverage F Medical seems low...
BACK...
Shardae Young
Insurance Coverage Help!!!
HI! So I purchased my first property, a 4 unit building in the west suburbs of Illinois, this summer. I was initially quoted $1750 per year for insurance coverage from a local company. Then the inspector comes out an...
Nick Slagle
Insurance coverage amounts
Property Insurance on a duplexLet me get to the point:I've been focused on getting this deal closed and did so yesterday. Two duplexes purchased for total price of $200,000. ($100k each in one deal)I am going to do s...
Amy Hu
landlord insurance coverage
For cheap SFR with good ROI, how much coverage do you usually get for landlord insurance?market value or rebuiild value? how much is reasonable for "Medical Payments to Others - each person" under general liability?