Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Insurance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 4 months ago on . Most recent reply

User Stats

2
Posts
0
Votes
Andy Deason
0
Votes |
2
Posts

Need Umbrella Quotes

Andy Deason
Posted

Hi all. I currently own 17 "doors" (15 properties). When I first started out, I was insuring everything with USAA. However, they capped me at 10 rentals. When I attempted to add my 11th rental, they denied my application and non-renewed my umbrella policy. I obtained the umbrella policy through their "agency" which finds other carriers for their members. They placed me with Burns and Wilcox. My renewal with Burns & Wilcox is now at $3270. I'm trying to find someone to write a $1M policy for me. Some of my rentals are under my LLC, but most are in my wife's and my name. The problem I'm finding with most companies is that four of my rentals are rented to one lady. She runs a business out of the homes. She houses a nurse in each home along with adult patients that need living assistance due to mental retardation. Who on here can help me out? I'd appreciate any advice and referrals to companies that you are using.

Loading replies...