Xavier G.
What happens to Flood Insurance Check if you sell your house
Here is the hypothetical situation:Somebody's house flooded, they file a claim and then sell the house right away without doing any repairs. Do the sellers still get the full check from the insurance or do they lose s...
Jennifer Rysdam
Approximately how much should I be insuring my 8-plex for?
Hi everyone! I bought an 8-plex in SW MN in April. I paid $175,000 for it. It was insured for $520,000, so I just stuck with that number for my policy too. Is that a reasonable number? Do I really need that much? It's...
James Oey
Should insurance be paid through escrow to avoid due-on-sale?
So, I am planning on purchasing a property under my name then transferring to an LLC. I'll add the LLC as a named insured at the time of transfer. Does it matter if I pay for insurance and property tax through the len...
Bob Anthes
Do I need different insurance for STR vs long term rentals
I’m in the process of converting my long term rentals into STR in FL and NC. Do I need additional or a different insurance policy being my homes are now STR?
Caleb Mitchum
Insurance Company Offering to Pay Rent for Family with House Fire
I've recently listed my rental property and have been contacted by an insurance company that is willing to pay a decent amount more than list price to rent to a family that has lost their home in a house fire. I have ...
Diane Perry
HELP! Issue with insurability of purchase intended to be a rental
HELP! I have a situation and would love to know if you guys think I should walk away. My realtor is terrible, made a lot of mistakes, and doesn’t advise me well. She filled in the contract NOT as I requested, and it t...
Daniel Francoeur
Do we need two insurance policies? 2 buildings on 1 lot
My brother and I are purchasing a lot that has two buildings on it as an investment property. The property is in Pawtucket, Rhode Island.There is only one deed for the lot. We are getting a lot of different info from ...
Samir Rachid
What is the right insurance for room renting my primary residence
I live in my house and I want to rent 3 rooms. Can you please help decide what insurance i need to have to protect the property. I keep finding different opinion and I am not sure which one is more accurate.1. Home in...
Phil Clark
Can't Get a Call back for Insurance Quote in Detroit Metro
Hello all,Rookie here, and I am researching my markets, trying to nail down actual expenses, costs, and the like. I have reached out to two different independent agents that service the Detroit 48205 area I am current...
Margaret Feit
Need an Attorney to Look Over Insurance Policy & Claim Questions
I had a Tennessee STR burn to the ground in a wildfire last month. I'm planning to replace, but working with insurance on coverage. The insurance adjuster has sent me a Proof of Loss form to sign requesting my full st...