Insurance policy for Entire portfolio Tampa Fl

[Susan Al'Khafaji]

Hi BP. I currently have about 8 rental homes under an LLC. 2 are being rehabbed and do not pass the four point inspection and are vacated. I have contacted several insurance agents for quotes/coverage strategies and recieved conflicted information. What is the best/ cost effective way to insure a growing SFH portfolio in Florida? Is there an insurance company that will provide coverage for all my homes under one policy for both property and liability? Is there a way to receive a discount for insuring a bulk of houses?

[Jared Townsend]

@Ryan Thomas That may be true in most of the US but due to the nature of our local insurance environment that is generally untrue for Florida. You certainly can insure with a blanket policy, and sometimes it makes sense, but most of the time it is less expensive to insure individually here.