Zach Shull
Insurance on a rental that's on my primary residence
I have a property with a main house and a guest house/studio that is attached with a separate entrance. The house is my primary residence. I was told that I needed to have a minimum of a $1M umbrella policy for the u...
Rebecca Nieves
What do you need for protection
Hello, Leaving my primary home to my new primary home. What do I need to have in place besides LLC, landlord policy, and rental agreement? Thank you
Yuzi Stha
Tenant asking landlord for home insurance copy?
Hi,I have tenant asking for a copy of home insurance. Tenant is saying their car insurance company requires them to have proof of home insurance for the home they live in so they can renew their car insurance. They pa...
Timothy W.
An investor just blew $45,000. Want to know why?
An investor who had a fire at their property had full insurance coverage on the loss, the policy was in force, had about $90,000.00 in damage, had a limit of insurance of 1.5 million dollars, and was a clear cut case ...
Kevin Adams
Flippers insurance
I am in Richmond and Hampton Roads va. Does anyone know how to get economical insurance for your flips? i know the insurer doesn't like vacant properties but rates are way too high. Thanks!
Aaron Washington
STR insurance what do you use?
My wife and I are in the process of closing on a vacation home in the Davenport area. We plan to rent it out, as an STR, while we are not there. This will be our first vacation and STR home. We need to determine the r...
Christopher Morin
Builder's risk insurance and Sub2
Hey everyone,So I'm only a week out from closing on my first Subject to: deal, and while I think I have my ducks in a row, I have some questions when it comes to insurance.I'm "taking over" 89,000 worth of loan from t...
Brook Vosler
Why do REI dislike or avoid life insurance?
As a real estate investor and financial advisor I usually understand the mindset of other investors. Individuals in real estate are usually more willing to take on risk which is often rewarded. I understand REI’s usua...
Dennis Debrobander
Subject 2 insurance
I am in escrow on a subject 2 deal. Do I get a new separate insurance policy in my name? Will there be any issue if there is a claim and I am not on the loan?
Anna Milligan
Renter's Insurance Liability and "additional insured"
Our insurance guy is telling us that we should have a requirement in our lease that the renter have renter’s insurance for $500k liability. He said most policies are at $300k, but it’s only an extra $10/yr to bump up...