Ken Hass
insurance increase for property B if make claim on property A?
I have 2 investment properties, both in different states. One has a major water leak underneath -- according to the leak detection company. I have Safeco that insures both investment properties. I am anticipating that...
Corey Westermann
Help please - When will FHA mortgage insurance drop off my loan??
I refinanced one of my houses into a 30yr FHA loan back in January of 2013.The FHA appraised value of the property at the time was $326k. The loan amount for the refi was $255k.Since closing occurred prior to June of ...
Darek J.
What to look for in Insurance Policy to ensure Landlord coverage?
Hello all, I am reviewing my insurance policy and I am curious what I should be looking for to ensure that it is the proper coverage for a rental property. I have a duplex which I live in one unit and rent the other....
Chris K.
Shopping for life insurance and don't know how to chose company
So I'm shopping for life insurance and it's completely new to me so I'm kind of nervous about who to go with. The difference in the price quotes is why i'm confused. I'm looking for $250k for 30 years. So, for exampl...
Nancy Bachety
Insurance needs - switching from a STR to LTR Single family house
Posting this question here since many STR investors are also LTR. The insurance needs/costs are probably greater with a STR (liability, contents, etc) compared to a LTR. What changes would you make for a LTR single fa...
Ivan Oberon
Installment # 8 Insurance Issues for The Real Estate Investor - LIABILITY Continued
Installment # 8 Insurance Issues for The Real Estate Investor.LIABILITY - ContinuedThe type of policy ("commercial" or "personal") can affect whether a liability exposure is covered.As an example, the “generic” pollut...
JR T.
Insurance - Don't have any & not worried. Convince me I'm crazy.
I have 15 rental units and a primary residence in Frederick & Washington Counties, Maryland. Because they were acquired outright and my cash position has been continually strong since the time of the acquisitions ...
Alex Babayev
Landlord w/ 6 Properties & Multiple Insurance Claims WHAT TO DO?
Hello BP World, I currently have 6 rental properties that are all in my personal name. Over the years I have had 3 different claims at separate properties some that I no longer own. My problem is insurance companies a...
Mark S.
Would You Ever Not Escrow Tax/Insurance If Given The Option?
I just found out from my mortgage folks that I have the option to not escrow taxes and insurance on my upcoming investment property purchase. I’ve never been given this option before and always assumed you had to esc...
Christina B.
STR Insurance Medical Liability Coverage plus Underwriting request for Gross Income
Currently, we have a commercial policy with State Farm but when our lawyer reviewed it, she recommended we increase our medical liability coverage. Both Air Cover & VRBO provide medical liability up to $1M (and we...