Umbrella Policy: How To Get Multiple Property Coverage

Wow, I just found out that contrary to my belief, my current umbrella policy does not cover all of my rentals. Ap[parently, there is a limit to the number of rentals that can be covered by this particular umbrella policy and I reched that limit a while ago but was never informed of this.



Now I am trying to find an Umbrella Liability policy to cover 18 rental properties insured by different companies. Do you know any company that might provide this coverage?



Thanks.

JS.

Comments(14)

  • finniganps13th May, 2008

    I prefer a firm that does more then the credit check. I have a local firm that does the credit, verifies employment, compensation, current landlord (are they current with payments, any problems), etc. They do this for me for $35 per person and provide a summary sheet of their credit and an oral on the rest.

  • rehab2day13th May, 2008

    fin, does your company also check with the previous landlord to the current one? I find that it is that person who is more likely to be honest with you as the current landlord can sometimes build up the tenant just to get rid of the problem

  • ITBInvestor13th May, 2008

    Have you looked into national tenant network (http://www.ntnonline.com/)? I use it to do tenant screening...

  • d_random20th May, 2008

    ITBInvestor-

    What package do you use and what is the price?
    donny

    Quote:
    On 2008-05-13 22:09, ITBInvestor wrote:
    Have you looked into national tenant network (http://www.ntnonline.com/)? I use it to do tenant screening...

  • pstabile21st May, 2008

    I use www.tenantalert.com

  • d_random21st May, 2008

    Pstabile-

    What package do you use and what is the price?
    Thanks!


    Quote:
    On 2008-05-21 01:03, pstabile wrote:
    I use http://www.tenantalert.com

  • d_random21st May, 2008

    larock-

    Thanks for the info, very helpful! Just curious, if you only accept 600 FICO, what types of properties are you renting? I take it they are not low income areas?

  • larock21st May, 2008

    No, all upscale 1 bedroom and studio units. Central A/C, fireplace, etc. Usually very easy to rent , but occasionally we get a problem tenant.

  • abjordan35723rd May, 2008

    d_random,

    I used www.Landlordportal.com for my last tenant. Their fees range depending on what package you choose.

  • kevnhl259th August, 2008

    Has any one used N.A.I.L

  • jrry66010th August, 2008

    can anyone recommend a firm that does tenant credit checks, verifies employment, compensation, etc? Looking for a firm in the Washington DC area.

  • ceinvests10th August, 2008

    curious...

    Do you have the rents for August already from this management co. or were you able to get your rents for the month?

    Congrats for moving forward on this.

  • cjmazur13th August, 2008

    Do a inspection for damages when they get rid of the cat.

    If there are damages,, evict them or have them pay for damages before allowing the lease modification.

  • NewKidInTown315th August, 2008

    I checked the Montgomery County Landlord Handbook. Pet deposits are allowed, non-refundable deposits are prohibited, at least in Montgomery County.

    Maybe you have a similar requirement in Anne Arundel County.

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