Has anyone experienced this in the cook county area?
My insurance company stated they will not be renewing my property insurance policy due to my flat roof. I've had them for a year, and with in that year the company...
hello bp I hope everyone is having a great day. I have a single family 2 bed 1 bath that a wholesaler has brought to me. It meets the 1% rule at about 1.5%. All the other numbers are working in the calculators, ...
Hello all, I'm new to rental business. We just used the buy and hold strategy to refinance our previous sfh and would like to rent it out asap. However, I'm not sure about how to get the umbrella insurance for this pr...
When buying an out of state rental property (our first one), would you recommend connecting with a local insurance agent or adding the rental property to your current insurance? We have State Farm covering our primary...
Apartment seems like there is no carriers?
I am currently purchasing a turnkey rental from JWB in Jacksonville and just found out that when the agent went to bind the policy, the carrier declined coverage. In speaking with the insurance agent (Ricci Insurance)...
Hello all, I hope everyone is realizing their investment goals. We have reached out to a Hard Money Lender for financing a duplex we plan to BRRRR and hold. Repairs are estimated to be $62K. The HML is requiring a "bu...
I'm looking at a property that has 3 individual buildings on one parcel. For insurance purposes, would all 3 be considered different policies?
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...
Folks - I have a primary home and two vehicles. In addition I own a rental property in Memphis, TN. I am now in need of an umbrella policy. I live in NJ. I am getting the feedback that both home and auto needs to be w...