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Hello - I have 11 properties in my own name and a $2m umbrella insurance policy. I’m looking to eventually get to 20-30 units and want to be prepared. Annoyingly, in the state of California, you have to pay $800/year ...
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Hi, I am getting ready to be up for renewal of my general umbrella policy that I have in place across all of my rental properties. My local insurance broker I have used for this umbrella does not have options to alo...
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Hello everyone,I'm based in California, and have been looking extensively in the St. Louis area. I plan to start buying properties in the area that could require extensive rebab. As such, I'm interested in working w...
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Hello,Most of my rentals are under a company's name, an LLC. But I also have a couple under my name and because I used a conventional loan thats was the only option. I am now in the process of restructuring/organizing...
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I believe the policies i have are $300,000 of liability. What would compel me to purchase more?Should my personal net worth play into it at all?
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Hello, everyone. I just added my 4th multifamily property and was informed by Geico that they would only allow me to carry four homes on my umbrella policy. Was wondering if anyone had this problem and had to resort t...
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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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Hello again, BP San Diego! I'm freshly in escrow for a 2-unit property and plan to live in one. I'd like any recommendations on solid providers of an umbrella policy, preferably ones that provide great value for the c...
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One attorney told me the best way to insure a teen is to put a car into an LLC and have the teen drive it. Then if something happens they cant go after everything that the parent owns in his or her name.Is it the best...
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Have 3 properties including personal house in California, adding a
cash purchase of a 8-plex in Youngstown, Ohio in a month. Since I
already have a small side business for 6 years, I was thinking it would
be a ...