First time home buyer - insurance (NREIG)
Hi!
We recently purchased our first 2 unit investment property and will be using a property manager for it. We need to start looking into insurance, and I found a resource for the NREIG on bigger pockets. Has anyone used this before? I like that it offers an array of coverage including property and liability coverage (which we need to have for our property manager). I would love any tips as to what type of coverage you think is a must have as they offer quite a lot you can add to your plan.
Separately, I went to request a proposal so I could chat with an agent and they want my company/entity name. I don't have one as my partner and I are purchasing the property under our names - we don't have an LLC (though we're looking into doing that). Any advice on that as well is appreciated.
Thank you for the help!
Katie & Michael