Landlord insurance for multiple properties

[Ana Vhan]

What is the best option for a landlord policy for someone who owns multiple rental properties(AZ and CA) and has no primary home or an auto? 

Thanks!

[Scott Bloom]

You can get a commercial grade policy from major carriers where they lump the risk across multiple properties into one policy, reducing your premiums.  One challenge to manage is being able to clarify for lenders on those rentals (if you have them) which amount of the premium should be paid for each rental so that they do not include the entire premium into their escrow analysis, inflating your monthly payment on that rental.