All Forum Posts by: Jack Obert
Jack Obert has started 1 posts and replied 2 times.
Post: Clarification with Landlord Insurance...
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Quote from @Will Kenner:
@Jack Obert You'd probably want to look into getting an umbrella policy that would cover the portfolio, but then there would be sub-policies for each individual property. Policy underwriting can vary greatly from state to state however, so for the best information call a couple insurance agents and have them quote everything out.
Post: Clarification with Landlord Insurance...
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General question, I am in the process of running some numbers on a 10 unit portfolio and as a beginner, I was wondering if one landlord insurance policy covers all of these properties combined or is it a different policy for each property? Aka, if I got an average quote of lets say $1400, is it $1400 per unit, $1400 per property OR $1400 to cover all 10 units (7 properties)? I have been searching for hours to find this answer, but cant find it. Also, if you have any general advice on this topic, I will take all I can get!