All Forum Posts by: Owen Rosen

@Harsh Shah, find a good public insurance adjuster to hire!

A public insurance adjuster works for YOU! They will get the biggest payout you are entitled to and take a cut of whatever they get for you as payment I believe.

For example, the insurance company offers you $100k.

The adjuster will dig into the details. Perhaps you have coverage for the replacement value BUT the insurance company when calculating the replacement property uses modern building materials like drywall but your original house had plaster which is much more expensive. They will get you the plaster price and take a portion of what they gained you.

On a larger and more complicated claim is when a public adjuster working for you makes the biggest difference.

Hello Everyone! I am looking for some advice here! Me and my partner moved from Utah to Maryland for school recently and we have a townhouse that we are looking to rent. we are currently remodeling and changing a few things before renting. what are the first steps to change my primary to a rental I lived there for about two years. I was studying the market and my rent will be just enough to cover the mortgage and HOA fee now I might to pay out of pocket for insurance but don't want to sell it yet because the area is growing and might have good appreciation in the years that follow. I would appreciate if you could give me some insight what would you do if you were in my shoes? Thank You!

Currently w/ Liberty Mutual.  5 rental properties, 1 personal home, 3 autos, 1 umbrella policy.  Any companies recommended for second opinions?

Hello all.
In analyzing rentals, does anyone have a fairly accurate way of estimating landlord insurance in varying states?
I don't want to waste anyone's time providing quote after quote for me for the properties I am merely in the analysis stage with.
I live in Fl. where insurance is pretty costly but I am also investing in states where insurance seems less expensive. Has anyone had accurate experience with say... Steadily insurance (steadily.com)?
You input and recommendations are greatly appreciated.

Good morning,

I am closing in on my first multi-unit apartment deal.  Any recommendations out there for companies who do insurance for these kinds of properties?  I am in Michigan, buying an 8 unit apartment building, and would be grateful for any advice for who to use/who to avoid.  Thanks in advance.

Anyone have experience on the issue of getting insurance on a property held in an LLC? I did a search on the forums and insurance seems like it could be a major problem.

I have a 4 plex our premium sky rocketed to $8900 a year. I'm thinking about selling but thought I'd reach out to the community to see where I might find a reasonable price? I'm hoping for $4000 or less...

After American Family dropped my multi-family coverage, I’m still struggling to find a carrier for my 1969-built apartment, with only three weeks left before the current policies expires. I spoke with State Farm, but they require plumbing and electrical panel upgrades just to consider reviewing my application. After speaking with several commercial realtors, I realized my frustration is shared by many. Others are also struggling to secure a carrier or are being forced to pay exorbitant premiums just to have their applications reviewed. Sadly, this price-gouging behavior has become the unfortunate new norm in the insurance industry.