Hi BP,For my single family rentals (owned in an LLC) I have traditionally been using insurance brokers that have been recommended by my PM. I had about 80K of coverage on each house (Actual Value) and a $1MM liability...
I recently wanted to add an Umbrella policy. My insurance provider for my home and autos is Allstate and I have the coverages needed for an Umbrella. However, Allstate doesn't provide an Umbrella for customers who o...
I’m curious to hear from private real estate investors who’ve faced unexpected insurance claims and were protected by an umbrella insurance policy.
We often see discussions whether investors should use an LLC or an u...
I'm in the process of getting an HO6 insurance for my rental property. The prices vary from $550 to $2K depending on the coverage. I have a townhome that managed by HOA, in Florida. The HOA is responsible for the ext...
I am looking to get some insurance on my single family rental property and am unsure of what exactly to get and also looking for any good agent recommendations in the local D/FW area. Any help would be greatly appreci...
We plan to update the electrical in our 3-flat building. We live in 1 unit and rent out the other 2. The electrical system here is old, so this is for safety and for better utilities separation. Our electrician says...
Hello Everyone!I'm about a 13 days from closing on the 7 unit in San Diego and I'm starting to look for an insurance company for the building. I wanted to know if any of you have suggestions on what to look for and t...
This is a questions I often ask myself - When you acquire a NPN note and you would like to insure the property by yourself, do you insure it per the UPB value or per your purchase price?For example - You acquire a NP...
Good morning all,I am hoping to pick the minds of some of you that have less than 100 but more than 5 rental properties on methods of insuring same. Currently, I run individual landlord policies on each property. At m...
I’m moving soon and planning to keep and rent out my current home. Should I keep the home owner’s insurance that I have for the property or change it to something different.