Landlord Insurance In Illinois

8 Replies

@Jason Bott - Hi Keishee, I mentioned Jason, as he is in your area, and should be able to assist you! 

@Keishee Hill  Not every insurance company offers a true landlord insurance (which has coverage similar to a homeowners insurance). May offer Fire policy for rental properties. I find those highly inadequate. I found this out by accident. Now my home and landlord insurances are with different companies, as the company for my home only has a fire policy option.

My landlord policy is with MetLife.

--Upen Patel

Medium tfsb   fdic   eh   squareUpen Patel, The Federal Savings Bank | [email protected] | (571) 331‑5161 | http://thefederalsavingsbank.com/upenpatel | Lender # National Lender NMLS# 1374243

Upen Patel ,I just have a follow up question. What type of things should I be looking for in a landlord insurance policy? You said that not all of them are the same, so what exactly is missing from some that is a must have.

[email protected] | 773‑357‑6164 | http://kei-properties.com | IL Agent # 475.171480

@Upen Patel ,I just have a follow up question. What type of things should I be looking for in a landlord insurance policy? You said that not all of them are the same, so what exactly is missing from some that is a must have.

[email protected] | 773‑357‑6164 | http://kei-properties.com | IL Agent # 475.171480

This app is funky. For some reason it says the name is attached but I do not see the link to the person's name. Does anyone know if I am able to link someone's name in the app?

[email protected] | 773‑357‑6164 | http://kei-properties.com | IL Agent # 475.171480

I use NREIG exclusively for all of my rentals, in any state.

Thanks @Chanté Owens for the mention.

@Keishee Hill depending on what you are looking to insure will depend on which companies to consider.  In IL, I am pretty sure MetLife will only insure your rental if they also insure your home and auto.  There are 10-20 options for for a stand alone commercial rental policy that is not tied to you personal policy.  PM me if you want to discuss further.

[email protected] | 414‑270‑6834