I owe a condo that is now going to be rented. I have gotten quotes from a couple of companies. I'm wondering how much coverage is adequate.
One quote I've gotten has dwelling at $6K, after talking to the agent. While...
Buying a fourplex and closing in 2 weeks. My questions how much rent coverage should my policy have? 100% of rent income? 50% rent income?On another note how much liability do you recommend? 300,000? 1 million? Proper...
What type of insurance are folks putting on flips while rehabbing them? Seems like local (Maine) insurance agencies want to over insure these projects.
Hello!This year the value of our rental property is higher than last year so we are wondering should we keep coverage of the property to amount of the mortgage or the value of the house (value of the house is higher)?...
Hey everybody,
After roaming the BP Forums and blogs for the past few years, my wife and I are finally under contract for our first rental property. So fingers crossed that this one turns out to be worth our while.I...
Hey everybody,
(Sorry to mods, originally posted this in the wrong forum!)After roaming the BP Forums and blogs for the past few years, my wife and I are finally under contract for our first rental property. So finge...
I am looking to setting up an insurance plan for the house that I have put in a PA for. The property is a 3br/1ba in Kansas City. The mortgage lender requires that we set insurance up.I got two quotes from two insura...
What are people requiring as a minimum coverage for tenant's rental insurance. The different line items seem to be; contents, loss of use, personal liability and medical payments to others. I realize this likely var...
A lot of my applicants want to know If I accept pets, and the answer is always NO! I have had tens of thousands of dollars of damage caused by 'good dogs' and "wonderful, loving" cats-some so severe that it was almost...
Need some perspective on insurance coverage as I'm unsure of the advice I'm getting from my insurance agent and lawyer.We currently have 4 properties in their own respective LLC rolling up to a parent LLC. This is in...