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I recently bought, fixed up and rented out a house in St. Petersburg, Florida. The house, like many in the neighborhood, was built in the 50's and is clad in asbestos siding. The siding is in excellent condition and n...
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Hi Bigger Pocket Friends! As a landlord, what is the minimum amount/requirement that your tenant must obtain as part of their policy and coverage? There are different nuances of a renter's insurance policy and coverag...
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With insurance premiums for apartment properties increasing so dramatically in recent years, I am leaning towards trying to save some costs by increasing my deductible to the highest deductible possible. For example,...
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Hi all,
My insurance company sent me an email last night saying they are cancelling my policy on 5/7 mainly due to shingle/roof damage, debris on premise, and miscellaneous maintenance issues.
My insurer has mentio...
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Houston investors... I currently own 4 SFRs in the Houston area. I was very lucky and walked away with minimal damage following Harvey. But I'm wondering whether this should be a wake-up call to get flood insurance ...
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Hi all, I've been having a hard time finding a landlord policy that will insure a condo and a property with a loss history. I need to convert my primary home to a rental property. The issue I'm running into is that I ...
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What kind of insurance policies do other investors use when covering their rental properties? Business insurance? If so, what companies would anybody recommend?
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I just got a quote from proper insurance (this is my first time actually considering them due to their price)and their premium is almost $1,500 higher than other companies. (This is a multi)I know I will never use the...
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Hello,
I am getting a second home mortgage with 10% down that I will be Short Term Renting when I am not there. I want to purchase a commercial homeowners insurance policy, and have a quote. Will this be allowed by m...
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With insurance premiums for apartment properties increasing so dramatically in recent years, I am leaning towards trying to save some costs by increasing my deductible to the highest deductible possible. For example,...