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Has anyone ever filed a FOIA request with a municipality to find out if the title on a property is insurable?I overheard someone at the title company the other day talking about filing a FOIA to find out if a particul...
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I was told that mold damage was some sort of pre-existing damage and that they wont cover it. The walls of course are ruined. There is a small hole in the roof and they wont even cover that because the hole didnt resu...
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What insurance are you all using for furnished medium term (30 days and more) private room rentals? We are looking to buy SFR's with a lot of rooms and later on we would buy SRO's or create SRO's.
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Who's the insured on these policies — the entity (LLC) or the manager (really, owner of property) OR both?Policies exclusively naming the entity (LLC) are rear and expensive! What’s the upside, anyway?Those where both...
...commercial loans:The commercial loan must be secured by one of these four major groups - (1) Multifamily; (2) Office; (3) Retail; (4) Industrial.The property should be either brand new or in pristine condition.The...
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I am buying my first rental property and want to know how much insurance I should get for it? Do I go with the basic plan, or should I add loss of rents and possibly an umbrella policy? What about flood insurance? D...
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Thanks to Harvey, my rentals located in 500 year flood zone are now flooded. What are the things that I need to do now?
OK guys, I had a break in at one of my rentals yesterday while my tenant was out of town for a week. I don't know if you can really call it a break in actuallly. I lived in this house for 2 years while I was in coll...
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Here's my situation: I'm 9 months in to owning an independent insurance agency. Things are going good, we're growing and profitable, but this business model is not a get rich quick scheme. I am fully willing (and prep...
I am in the process of hiring a contractor to build a detached in-law unit. I spoke to my home insurance company (AAA) and they mentioned that they do not cover anything related to the new addition (no liability and n...