insurance for LLC

Hey we just set up our LLC for our rental property who do you use for insurance and any advice on policies! thanks

spicygreencurry

in Landlord 9 years and 9 months ago

4

Please log in, in order to post replies!

4 replies

no-permits | 9 years and 9 months ago

string(1) "1"
object(WP_User)#4817 (8) {
  ["data"]=>
  object(stdClass)#4860 (12) {
    ["ID"]=>
    string(6) "176811"
    ["user_login"]=>
    string(10) "no-permits"
    ["user_pass"]=>
    string(34) "$P$BQ0OH9Ih5gOlNPyiuMv52Zag/olDYr1"
    ["user_nicename"]=>
    string(10) "no-permits"
    ["user_email"]=>
    string(16) "c90027@gmail.com"
    ["user_url"]=>
    string(25) "/forums/users/no-permits/"
    ["user_registered"]=>
    string(19) "2017-08-10 14:14:46"
    ["user_activation_key"]=>
    string(0) ""
    ["user_status"]=>
    string(1) "0"
    ["display_name"]=>
    string(10) "no-permits"
    ["spam"]=>
    string(1) "0"
    ["deleted"]=>
    string(1) "0"
  }
  ["ID"]=>
  int(176811)
  ["caps"]=>
  array(2) {
    ["subscriber"]=>
    bool(true)
    ["bbp_participant"]=>
    bool(true)
  }
  ["cap_key"]=>
  string(15) "wp_capabilities"
  ["roles"]=>
  array(2) {
    [0]=>
    string(10) "subscriber"
    [1]=>
    string(15) "bbp_participant"
  }
  ["allcaps"]=>
  array(4) {
    ["read"]=>
    bool(true)
    ["level_0"]=>
    bool(true)
    ["subscriber"]=>
    bool(true)
    ["bbp_participant"]=>
    bool(true)
  }
  ["filter"]=>
  NULL
  ["site_id":"WP_User":private]=>
  int(1)
}

narrows insurance

nancyk | 9 years and 9 months ago

string(1) "1"
object(WP_User)#4818 (8) {
  ["data"]=>
  object(stdClass)#4819 (12) {
    ["ID"]=>
    string(6) "181896"
    ["user_login"]=>
    string(6) "nancyk"
    ["user_pass"]=>
    string(34) "$P$B8reto1VXYVBkZV9tFTY6URgmXmjP3."
    ["user_nicename"]=>
    string(6) "nancyk"
    ["user_email"]=>
    string(23) "nancykourland@gmail.com"
    ["user_url"]=>
    string(0) ""
    ["user_registered"]=>
    string(19) "2017-08-10 14:09:32"
    ["user_activation_key"]=>
    string(0) ""
    ["user_status"]=>
    string(1) "0"
    ["display_name"]=>
    string(6) "nancyk"
    ["spam"]=>
    string(1) "0"
    ["deleted"]=>
    string(1) "0"
  }
  ["ID"]=>
  int(181896)
  ["caps"]=>
  array(1) {
    ["bbp_participant"]=>
    bool(true)
  }
  ["cap_key"]=>
  string(15) "wp_capabilities"
  ["roles"]=>
  array(1) {
    [0]=>
    string(15) "bbp_participant"
  }
  ["allcaps"]=>
  array(1) {
    ["bbp_participant"]=>
    bool(true)
  }
  ["filter"]=>
  NULL
  ["site_id":"WP_User":private]=>
  int(1)
}

if you have a mortgage, make sure the bank will permit the transfer to the llc. mine wouldn’t. a transfer without approval constitutes a default under the mortgage, which would permit the bank to foreclose.

bklyngirl | 9 years and 9 months ago

string(1) "1"
object(WP_User)#4822 (8) {
  ["data"]=>
  object(stdClass)#4816 (12) {
    ["ID"]=>
    string(4) "4030"
    ["user_login"]=>
    string(9) "bklyngirl"
    ["user_pass"]=>
    string(34) "$P$BZPbDrIaW2acdOfBLhWQiBPcbKKbUB1"
    ["user_nicename"]=>
    string(9) "bklyngirl"
    ["user_email"]=>
    string(17) "utoeid1@gmail.com"
    ["user_url"]=>
    string(51) "http://bstoner.wpengine.com/forums/users/bklyngirl/"
    ["user_registered"]=>
    string(19) "2017-08-10 14:12:48"
    ["user_activation_key"]=>
    string(0) ""
    ["user_status"]=>
    string(1) "0"
    ["display_name"]=>
    string(9) "bklyngirl"
    ["spam"]=>
    string(1) "0"
    ["deleted"]=>
    string(1) "0"
  }
  ["ID"]=>
  int(4030)
  ["caps"]=>
  array(2) {
    ["subscriber"]=>
    bool(true)
    ["bbp_participant"]=>
    bool(true)
  }
  ["cap_key"]=>
  string(15) "wp_capabilities"
  ["roles"]=>
  array(2) {
    [0]=>
    string(10) "subscriber"
    [1]=>
    string(15) "bbp_participant"
  }
  ["allcaps"]=>
  array(4) {
    ["read"]=>
    bool(true)
    ["level_0"]=>
    bool(true)
    ["subscriber"]=>
    bool(true)
    ["bbp_participant"]=>
    bool(true)
  }
  ["filter"]=>
  NULL
  ["site_id":"WP_User":private]=>
  int(1)
}

I use Brownstone Agency. They are right on Water Street in Manhattan. Call Chris Lehman (cell): 914.841.1343\. He’ll walk you through what you need.

resident2 | 9 years and 9 months ago

string(1) "1"
object(WP_User)#4817 (8) {
  ["data"]=>
  object(stdClass)#4802 (12) {
    ["ID"]=>
    string(6) "181002"
    ["user_login"]=>
    string(9) "resident2"
    ["user_pass"]=>
    string(34) "$P$BYKCrEpDU34.3RJghRPk8/Xp1XpCve/"
    ["user_nicename"]=>
    string(9) "resident2"
    ["user_email"]=>
    string(21) "Jamanda1255@Yahoo.com"
    ["user_url"]=>
    string(0) ""
    ["user_registered"]=>
    string(19) "2017-08-10 14:07:33"
    ["user_activation_key"]=>
    string(0) ""
    ["user_status"]=>
    string(1) "0"
    ["display_name"]=>
    string(9) "resident2"
    ["spam"]=>
    string(1) "0"
    ["deleted"]=>
    string(1) "0"
  }
  ["ID"]=>
  int(181002)
  ["caps"]=>
  array(1) {
    ["bbp_participant"]=>
    bool(true)
  }
  ["cap_key"]=>
  string(15) "wp_capabilities"
  ["roles"]=>
  array(1) {
    [0]=>
    string(15) "bbp_participant"
  }
  ["allcaps"]=>
  array(1) {
    ["bbp_participant"]=>
    bool(true)
  }
  ["filter"]=>
  NULL
  ["site_id":"WP_User":private]=>
  int(1)
}

It can depend on where it is, how old it is and is it a frame house etc. But I have all my rental properties with the Brownstone Agency. All are LLC’s. By far the most comprehensive for older properties and best value.