Current tenants running assisted living business out of duplex
I was looking at putting an offer in on a duplex, but am getting mixed information on the insurance needed - that could make or break the deal.The current tenants are running an assisted living business out of the... View more
Umbrella policy coverage
I have a few investment properties in my personal name in addition to my own personal assets (home.,car, etc). I wanted to purchase an umbrella insurance policy but I'm not sure how to go about calculating the right... View more
Which LLC insurances do you use?
When purchasing a multifamily with an LLC, which insurance policies are recommended? Would general liability, commercial property, and an umbrella policy suffice? We are hiring a local property management company, does... View more
Florida: Flood insurance for rental property
I’m trying to get a mortgage on a rental property in St. Petersburg Florida, which is a relatively safe area (from flooding perspective). The quotes I’m getting from 2-3 providers is astronomical. For a 200k house,... View more
Homeowners Insurance/Landlord insurance/Umbrella insurance
First post on bigger pockets! I’m under contract on my first 3 family home and I’m exploring insurance options. I’m hoping someone (anyone) can shine some light on the differences between Homeowners, landlord, umbrella... View more
Should I get renovation or vacancy insurance for a house flip?
Should I get renovation or vacancy insurance for a house flip? I am not 100% sure I will flip it, I may end up renting it. Which is usually cheaper and what is necessary? Thanks!
Insurance agent recommendation for Denver region
I would like your recommendations for an insurance agent in Denver region who specializes in residential & commercial rental properties.
Looking to connect with Insurance agents !
I am looking to get quotes for a SFR rental property in Atlanta area . Happy to connect with agents.
Insurance On a Property w/ 4 Mobil Homes
Which insurance companies provide the best coverage for properties with mobile homes on them for rental properties? I am paying $3000 a year and am looking to lower it to around $1500 if possible. The property is... View more
Landlord Insurance in Indy
I own one rental property in Indianapolis. I’m looking for recommendations for a broker or insurance agent to write a landlord policy.
Hello BP, I am getting a 2 family home in Newark NJ and wanted to know what are the best insurance companies and what policy should I get? Any feedback would be helpful, thanks in advance!!
Seeking insurer in Detroit
Hey folks,I'm closing my second small MFH in the Detroit region. My first deal was in the burbs, and the insurance broker who helped me insure that place can't give me a competitive rate on my second property because... View more
Multi-family Insurance Broker in Upstate NY
Does anyone have any rockstar insurance broker recommendations for Upstate NY? I'm located in Watertown, NY, but I'd work with someone anywhere (Syracuse, Rochester, Oswego).Must be experienced, responsive and up to... View more
No-name insurance companies
Hey Team,We all know the better known property insurance companies; Allstate, GEICO, etc. Having said that there are a series of lesser known insurance companies. Some are part of a larger holding company (e.g.... View more
Appropriate Insurance to Cover Half-Owner-Occupied Duplex
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... View more
LLC vs Umbrella Policy
Hey everyone, I have a few rental properties and looking to add more to my portfolio. They are all owned personally and not under an LLC. I understand most of the pros/cons of having an LLC own my properties. Such as... View more
Recommendations for Property Insurance Companies
Can you recommend an investor friendly insurance company for your rental properties? I’m thinking good coverage at a reasonable cost?
Title under LLC and mortgage under personal - Liability?
I'm interested in learning how to best mitigate risk and purchase insurance to protect the following investment strategy:- Conventional loan in personal name- Upon closing, quick deeding title to from personal to a LLC... View more
Work Orders from Property Mgr
I am curious to hear your experiences that you have had when you PM's discuss maintenance issues with you. Specifically I recently had an AC replaced as my tenant said it was not heating the house well enough. My Pm... View more
insurance coverage for short term rentals?
I just signed a contract for my first rental property on Christmas Eve. Nice little bungalow in northern Cape May a block or two from the bay. Has the potential of bringing in 2K in positive cashflow!
Now I'm in the... View more
Insurance for a home with a Fuse type panel
Hello! I recently purchased a home in Michigan and it has a fuse type panel. I've called several insurance companies and no one wants to insure it due to the old style panel. I am planning on updating all the... View more
American Home Shield
Has any real estate investor used American Home Shield to cover their investment properties? What was your experience? Would you recommend a yes or no?
I need a Property Manager - Davie County NC
Can anyone one on BP suggest a good Property Manager who covers the Davie County, NC area? I recently purchased a few properties in Cooleemee / Mocksville and need help.
Property Insurance for 98 y/o rental
I’m buying a 98 year old, 4 bedroom house to use as my first rental property. The insurance company wants records of updated electric, plumbing, roof, and HVAC, all having been done in the last 15 years. Everything is... View more
Actual Cash Value v. Functional Replacement Cost Insurance?
I am under contract on my first long term buy and hold rental. It is a 4BD/1.5BR SFH in Auburn Maine. I am paying $113,000 and will be replacing the roof on it this spring. Everything is currently... View more