Looking For Insurance That Allow LLC As The Owner Of Rental Properties.

Liberty Mutual, my insurance, does not want to continue my policy because I deed my property to a land trust and LLC is the beneficiary of my land trust. Can you recommend a good and reasonable price insurance for SF rental in AZ? Thx.

Comments(10)

  • ew861st December, 2006

    Thanks. You saved my time.
    Allstate and Farmer accept this condition in AZ. Farmer offers better price.

  • norrist2nd December, 2006

    Not a problem. I am sure more than just Farmers and Allstate offer as such in AZ...
    [addsig]

  • norrist28th March, 2005

    Found this: http://www.kts-law.com/resource_library/comprop_mancolic.html

    Also, be sure to obtain proper liability and fiduciary insurance protection (Errors and Ommissions, too).

    Tim

  • SoonEnough29th March, 2005

    thanks. i was hoping a real estate license was good enough. but i guess brokers is required here.

  • norrist29th March, 2005

    I would assume he/she would want a "piece of the pie"???

  • fjenkins21st October, 2006

    I am a Broker licensed in the state of California. I am interested in partnering with someone who has experience in property management in California.
    -Contact info deleted-[ Edited by ypochris on Date 12/03/2006 ]

  • lavonc26th October, 2006

    Although this is an old post (March), I wanted to respond to the question about "why a broker". In CA, to practice real estate (including property management) you have to have a license and that license has to be affiliated with a broker.

    Remeber that the broker takes the liability here so most brokers require a % in order to justify the liability, i.e., a law suit is against the broker not the agent.

    Some CA agents have a license but they are not practicing therefore, they do not place their license with a broker. But in order to show properties for any purpose, you have to have an active license, placed with a broker.

  • Thawkins3rd November, 2006

    I am starting a PM firm in the Midwest, as investors yourselves. What is the going rate for Services? Were there any specific reasons you chose your current provider of these services to support your properties?
    I have called several PM firms for info but they were accross the board with fees and services.
    We want to provide top client services, products and services REAL investors find beneficial. We have a team of 97 employees services various areas. Tell us what you need! I look forward to any and all input.

  • d_random23rd November, 2006

    Hmmmm, sirbeigealot, have a bad experience?

  • ceinvests3rd December, 2006

    Kid,
    Would you mind sharing what types of contact you find works best? Do you offer bonuses? Have you had success w/paying below market and if so, how do you maintain motivation? Do you pay extra for certain services? Insist on mls listing for vacancies? etc.
    Thanks in advance. Ce

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