In the process of purchasing a duplex (3 bdrm/2ba each unit). I will occupy one side and rent the other. No major renovations required at this time. Do I need Coverages A-F? Can I opt out of B coverage if I don't have...
Hi everyone! I am closing on my first rental property tomorrow and trying to decide which insurance company I should go with. This is a 2 unit duplex with each unit having 2 bedrooms and 1 bath. I got several quotes f...
When it comes to insuring a Rental property, what policy does a Landlord need? Is a Landlord policy an all-in-one policy that covers dwelling and the landlord or is it separate from property insurance. For example, if...
Hi, I'm looking to buy a fourplex near Tampa in Florida. I'm having hard time to find lenders that would lend to an LLC. My mortgage broker suggested me to take the loan and then do a quitclaim deed to the LLC. Can an...
In the process of closing on my first SFR and could use some tips on choosing an insurance policy.
How do you determine when a policy is good for the price? What are some red flags to look out for?How much coverage ...
I own a few fourplexes and noticed my Water Damage coverage seems low on my policies at $5k. What level of coverage is everyone getting for water damage? My building is 3600 sq ft. 2 bed/1 bath units. 2 units on s...
I was looking for an umbrella policy and have just about given up. After 3 to 4 hours invested I am having no luck.Always a problem.Over 10 rentalsWill not write over the current landlord policesNot available in my st...
I've been getting quotes to convert homeowner insurance to rental insurance on a property I currently own and am about to rent out. Every carrier that I have talked with have dwelling coverage with liability and medic...
I am new and wanting to build on a good foundation for purchasing 3-20 unit multifamily buy and hold- please chime in if you have helpful thoughts. Please list the insurance policies / types of insurance I should con...
1. Do all you investors insure all your properties with landlord insurance?2. If so, what’s the best insurance to insure all in Florida? And what is the minimal coverage you get for all? 3. What is the max coverage I ...