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re: Landlord insurance policies for your rental properties

Posted on 8/12/13 at 10:52 am to
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 8/12/13 at 10:52 am to
quote:

If you only have one rental property, just add it to your homeowners. When you get two add the second to the homeowners of the stand alone. Has worked well for me.


from everything I have read, this is a bad idea
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17444 posts
Posted on 8/12/13 at 2:21 pm to
I think thw only real problem here is exhausting limits
Posted by StrangeBrew
Salvation Army-Thanks Obama
Member since May 2009
18187 posts
Posted on 8/12/13 at 3:13 pm to
quote:

from everything I have read, this is a bad idea


please tell the reasoning,

If you have not set up a LLC or LP you are tied to the rental.

Not saying there are not draw backs but it has worked well for me 8 plus years.
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