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Updated over 10 years ago on . Most recent reply presented by

Johnathan Alesso's profile image
Johnathan Alesso's profile image
Johnathan Alesso
  • Investor
  • from San Diego, California
  • Member since Dec 2, 2015

User Stats

111
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34
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Johnathan Alesso's profile image
Johnathan Alesso's profile image
Johnathan Alesso
  • Investor
  • from San Diego, California
  • Member since Dec 2, 2015
Johnathan Alesso
  • Investor
  • San Diego, CA
34
Votes |
111
Posts
Tax, SDIRAs & Cost Segregation

Minimum liability coverage on rental units

Johnathan Alesso
  • Investor
  • San Diego, CA
Posted

Happy New Year, everyone!

I am under contract for a multi-property turnkey deal that covers a rust-belt area of central PA. I am comparing insurance rates for the portfolio and was offered widely varying quotes. What is the recommended liability coverage that you all carry on buy-and-holds? One company set the liability coverage a $1M and the other at $300,000. These properties will be in an LLC.

Thanks for your thoughts!

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