Property insurance for a C-corp belonging to a foreign owner

Property insurance for a C-corp belonging to a foreign owner

Investor · Nogent sur marne, Val de marne · Member since 2014 · 67 posts · 16 votes

I try to find an insurer for a property I bought through a Georgia C-corp. The insurer I contacted told me I need a social security number to be insured (which I have not, living in France). I don't know what is the rule ; presently for my two other houses in Georgia I found an insurer who didn't ask me any social security #, but it is expensive.

Has someone an idea of an insurer who could handle my situation ?

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  • Jason BottPro Member
    Insurance Agent · Nationwide · Member since 2014 · 2k+ posts · 1k+ votes
    11y

    @Jean Paul Rousseau  many insurance companies do not like out of state or out of the country owners.  My out of country clients get around this by listing the local property management firm as the contact.

    Also, commercial Policies do not require a SS #.  It sounds like you are dealing with a personal lines agent who will have limit options for you as you grow.

  • Investor · Nogent sur marne, Val de marne · Member since 2014 · 67 posts · 16 votes
    11y

    @Jason Bott,

    Thank you for this answer.

    I wander if somebody can propose to insure a property owned by a Georgia C corp. without having to give a social security number that do not exist.

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