Hello Everyone,I am closing on my next investment property next month and I am down to choosing between the below 2 insurance policies.I will have to admit - I chose the cheapest insurance policy on my first rental an...
I bought a foreclosure property a few months ago with three houses on it. Two are rented and insured. The largest one is boarded up. I have a policy with Foremost for vacancy insurance and I just got a cancellation fr...
So many in here seem to like Umbrella Insurance compared to an LLC.
I'm an LLC guy, but I have some questions about your experiences with Umbrella Insurance.
Both owners and Insurance Sales Experts are invited to co...
Hello everyone,
I recently learned that, because my tenants all happen to be students, my insurance company won’t cover the property because they don’t deal in “student housing.”
Has anyone ever encountered this? W...
Hi all, I am in the process of getting a mortgage loan and I have a question about Title insurance. In the executed contract the seller agreed to buy the Owner’s title insurance. The title company released that it wo...
Its easy enough to find insurance policies that cover rentals and flips but does anyone know of a company that underwrites general asset policies for the wholesaling side of my business. I came across a vacant house i...
I just purchased my new duplex property, does anyone have recommendation on which insurance providers offer good landlord insurance with high Liability with low premium?
The property is 3 buildings each with 2 Townhomes. I received a quote from my primary insurance broker at State Farm. He carries my auto, home, umbrella, etc. He underwrote it as 3 residential buildings. Any reason no...
Hello BP,I’m a new investor who purchased a SFR in Illinois. I’d like to get the property insured. I’m a bit confused and quite frankly frustrated, as to what policy will best fit this situation. Since the property is...
We are selling a property via owner finance, but wrapping our current mortgage. The confusion is how to handle the insurance. I am getting different answers as to if we both need to carry coverage with us making the f...