vacant property insurance

[Mylan J.]

Can anyone suggest a or a couple of good insurance companies? I need to assign one before my rehab starts.

[Brien OConnor]

Regardless in which carrier you choose, be sure to increase your liability limits to $1M. You'll find that the cost is nominal. Then be sure to have an umbrella to pick up the potential additional exposure. Believe it or not, I use State Farm. My rentals cost about $800/year and the umbrella is around $200. You can usually insure up to four SFR on a personal umbrella. After that, you need to obtain a commercial policy.