Sagar S.
Insurance: Birmingham, AL
Can you please share your insurance coverage and quote for a property in Birmingham, AL. I am in the process of acquiring a $83K property and the insurance quote I received was $1000 per year. This is my first propert...
Account Closed
What are some affordable Landlord Insurance Policies
I searched BiggerPockets for a thread but all of them were over a year old so since premiums are constantly changes I thought I could try to get an updated result. Does anyone know of a good and affordable landlord po...
Robert Cummings
Renters insurance: Additionally insured or additional insurer?
I am currently re-writing my lease and rental agreements. One of the additions is renters will be required to have renters insurance. Now do I have them list me as Additionally Insured or just Additional Interest? ...
Tim Coppola
Landlord Insurance Policy Question
Hello all,I have a question about landlord insurance policies. My insurance company just told me that when my landlord policy renews it will not include water backup coverage because I had a claim earlier in the year ...
Danny Mak
Sued for Negligence
I saw discussions about tenants suing for negligence and the potential of an investor to lose everything.This may be the purpose for someone setting up an LLC, but for someone just getting started, it may not be reaso...
Wesley W.
Umbrella policies for buy & hold
Because of numerous lender issues with LLCs, I've decided I want to try and protect my assets with an umbrella policy, for at least the present. I've read several threads on BP on this topic, and I'm still hitting th...
Paul Bealefield
Flipping Insurance
Hey Peeps!
I just picked up a 4/3 with 2800 sq ft on a construction loan and she needs a full remodel. I am working on the permits and insurance before I close on July 3rd. What kind of insurance do you recommend? My...
Rick Stanton
Denied insurance claim
Purchased 8 plex that was vacant. Put insurance on it and started painting in some units and showing units. Within a week we had a major snow storm and water line froze and broke. Insurance company denied claim due...
Austin Cottrell
House Hacking - insurance question
Hello,I'm about to buy a Duplex to be used for house hacking. I'll be living in one unit and rent out the other to make a nice $250 profit as well as no rent needing to be paid on my end. My question is what insurance...
Bob Jackson
Insurance for fix and flip properties
What is import for property Insurance for fix and flip properties?