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I own multiple investment properties in my name and I live in CA (properties are out of state). Because of the moratorium of writing new business in CA I cannot leverage my "normal" insurance carrier for an umbrella p...
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How do you all organize your rental property bank accounts?Bank Account per property? Pros: Would be very easy to see expenses/costs etc. Cons: Would end up with lots of Bank Accounts but still organize them all under...
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'You need to set up entities to protect you from lawsuit liability' is the general advice.
In my area, liability insurance cost $22 per year for 300k
Somebody needs to explain me, what can happen, whic...
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Looking for help. I've been with State Auto Insurance for years and they decided to raise my renewal premium by $70,000 this year. My insurance broker is currently shopping it out with some carriers right now. The mai...
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Can anybody here tell me how they are able to get home insurance on a home you are rehabbing that could take 6 months to complete and is unoccupied for that time.
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Wanted to read some opinions on something my business partner and I have been looking into. Currently our umbrella policy does not have the option of adding sewer line insurance which we had purchased on several prop...
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I have 2 rental properties (NY), but just have a standard rental insurance policies. I cannot get an umbrella policy with my current insurance company because I do not own a car. Do you think i am protected adequately...
Hi all, I closed on my first deal last week, a SFH. I’m hoping to make some cosmetic changes then house hack for a year. My question is should I consider having more than general home insurance? Should I have an umbre...
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Hi BP, I am looking for referrals for a nationwide insurance company to get coverage for my out of state rental property. Is it better to go with an insurance company that is specialized on investment properties, or ...
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I bought one SF for rental under my LLC and insurance company excluded liability coverage. Agent is saying that they can quote a personal umbrella policy that will cover liabilities for all my rentals. I don't know wh...