landlord insurance policy
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landlord insurance policy (by alicewonder [TX]) Jan 24, 2022 7:14 PM
       landlord insurance policy (by Busy [WI]) Jan 24, 2022 11:04 PM
       landlord insurance policy (by Busy [WI]) Jan 24, 2022 11:05 PM
       landlord insurance policy (by Bonanza [NC]) Jan 25, 2022 6:35 AM
       landlord insurance policy (by zero [IN]) Jan 25, 2022 6:46 AM
       landlord insurance policy (by Scott [IN]) Jan 25, 2022 10:08 AM
       landlord insurance policy (by Gene [OH]) Jan 25, 2022 11:15 AM

landlord insurance policy (by alicewonder [TX]) Posted on: Jan 24, 2022 7:14 PM

Happy New year to all landlords!

The landlord policy for one of my properties is increasing two folds when the coverages are the same. Both Allstate and State farm.

Did you have the same increase in premium in your landlord policy in 2022?

Who is your insurance carrier? Did you use those insurance agents who carries all major insurance companies and will pick one for you? most of time is not from four major brands.

What exactly coverages did you have for your properties? Other than fire, wind as essentials, what else should I have in the coverage?

Thank you for your recommendations.

landlord insurance policy (by Busy [WI]) Posted on: Jan 24, 2022 11:04 PM

I have the coverage through National Real Estate Insurance Group. Talked to them at convention. You can also find them on this site. They added terrorism coverage as an option after the riots of the past few years. Very essential, in my opinion.

landlord insurance policy (by Busy [WI]) Posted on: Jan 24, 2022 11:05 PM

Look under Services up top of the page.

landlord insurance policy (by Bonanza [NC]) Posted on: Jan 25, 2022 6:35 AM

Foremost Insurance seems reasonable (at least in NC)

they have a web page where you can search for agents in your area

landlord insurance policy (by zero [IN]) Posted on: Jan 25, 2022 6:46 AM

I use State Farm, simply because that's who we had before the rentals. I try and go in once a year (maybe 1.5 years) to go over each property and make sure we don't have any way out there.

Having everything with one company gets group discounts as well.

I also talk to the agent about what ifs, but that scares me most times and I have to change the subject. Last discussion was about a couple properties that I don't mow. He is insistent that I shouldn't use just anybody to mow for liability reasons. I hate the idea of paying a commercial company big bucks for two small yards.

landlord insurance policy (by Scott [IN]) Posted on: Jan 25, 2022 10:08 AM

American Modern covered 4 of my properties. They were reasonable until all went up 42%. I asked my agent for help. She responded 2 weeks later that American Modern "had a small rate increase. So sorry." I'm with Shelter Insurance now. I also have a new agent even though I really liked the old one.

landlord insurance policy (by Gene [OH]) Posted on: Jan 25, 2022 11:15 AM

I've been using Foremost. Their prices and coverage have been really good for me in my area of Ohio. --149.19.xx.xx

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