Updated over 5 years ago on . Most recent reply
Insurance Company recommendations for property under LLCs?
Does anyone have any recommendations for insurance companies that deal with properties held under an LLC?
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John Mocker
#1 Insurance Contributor
#1 Insurance Contributor
- Insurance Agent
- Norwalk, CT
Jose,
More and more companies will write the 1-4 family properties owned by an LLC on a homeowners or dwelling fire form. They want to know the LLC is owned by an individual or couple and is not used for any other business purpose. For over 5 unit bldg you need a commercial policy. That will not have a problem with an LLC.