I am about to sign a lease for my first rental property this weekend! There is a question of how much rental insurance the tenant should get to cover any amount of damage to the property on top of loss of their own p...
I am looking to nail down my first lease in Florida. I currently do not have an LLC yet, it's going to take at least another 30 days. I have found I property that I like but don't feel that it will still be available ...
What are things I should be looking for/paying attention to for rental property insurance (dwelling, liability, loss of income wise)? Just wondering if insurance agents try to exclude important coverages that may be u...
hello,Just wondering what the insurance requirements or suggestions would be for a rental property that is owned outright without current property insurance. Is it a requirement to have property insurance in addition ...
Hi BP! This question is for landlords who chose Umbrella Insurance instead of putting their properties in LLCs. Seems like the UI only comes into play after all other insurance limits are reached. We're having trouble...
Hi all,
I'm looking for recommendations as to what insurance companies provide landlords with liability insurance beyond the typical property damage and bodily injury coverage. Does anyone have any knowledge of ...
Hi BP community, I have a 4bd / 3ba home that I rent by the room. I previously house hacked it and rented out the other rooms, but recently moved out. Now that I’m not living there, I am requiring my tenants to get re...
We own an LLC which in turn owns a rental property (single condo). We use outside managers to manage the property.Right now I am using an All State personal policy on the rental property with the LLC as additional in...
I am looking into purchasing a duplex and I am curious about what type of insurance I will need. HELP!
Sorry if these sound like newbie questions…
1) Under normal circumstances, what does a landlord policy cover?
2) Is a landlord policy necessary?
3) Which coverages aren't normally offered that a landlord should prob...