Hello all. One of my clients just got a really simple claim turned down by his Berkshire Hathaway owner's policy. Someone broke in, and cut all the electric out of the basement. Berkshire said theft isn't covered, but...

The reason for the umbrella policy is the business - it increases my net worth (so I'm a better lawsuit target) and it increases my liability (tenants, contractors, the neighbor who walked by and slipped on the ice). ...

I Have been going out to bid on my homeowner's insurance policies and I have found a lot of variation in what companies recommend for the Dwelling portion of coverage.  Ranges have been 170 dollars sq. ft. to around 3...

I am in the process of closing on a property and was setting up the insurance with my agent. The policy requires a 4-pt inspection on the property and I have found that the electrical box needs to be upgraded.

My qu...

We inherited 4 houses from a trust due to a sudden death in the family.  We are trying to get them in our name then back into the trust.  But in the meantime we have to get landlord insurance.  We live in Florida and ...

I am purchasing my first investment property. It is a SFR in Philadelphia, PA. The property will be bought with cash, and owned in an LLC. My question is this; Above Landlord Insurance, is it recommended to also carry...

As Hurricane Milton lingers about ten miles off the coast of Pinellas County, it feels like déjà vu. We just got hit hard by Hurricane Helene, and now Milton is charging in. This morning, before Milton makes landfall,...

I found a home in River Plantation - interested in thoughts on investing in a neighborhood that has flooded multiple times? Would be a cash flowing property, but as a newbie, wondering what you all think. Already have...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $62,500

Cash invested: $54,000

3 unit, all two bedrooms, one bath.

This building had a fire and the 1st and...

I finally understand how insurance works in the multifamily world. I learned this from an insurance broker I talked to yesterday. There are three kinds of apartment insurance coverage: Tier 1, Tier 2, and Tier 3.

...