commerical line and personal line

回答: how many units for this building?KMC2009-07-14 16:52:06

normally, multi units is for commerical(business) line property insurance.

one unit property - Single family house, should be written in personal line propety insurance.

Anyway,not sure which company does the commerical quote for this single family house. Also pls. not just focus on the building coverage amt., also to be carefull for covered loss (reason for the loss) , e.g. wrongful evication (important covrage for rental property) should be included. Something else, like ded. also related to the premium. thanks

所有跟帖: 

It does not cover tenant vandalism. -初学投资- 给 初学投资 发送悄悄话 (74 bytes) () 07/14/2009 postreply 17:58:22

wrongful evication is anything you, as a landlord, did -KMC- 给 KMC 发送悄悄话 (151 bytes) () 07/14/2009 postreply 18:06:32

I did not see this item with any plan. But I will -初学投资- 给 初学投资 发送悄悄话 (34 bytes) () 07/14/2009 postreply 18:16:48

check "covered loss" (reasons for the loss) -KMC- 给 KMC 发送悄悄话 (0 bytes) () 07/14/2009 postreply 18:22:10

Thanks!!!!! -初学投资- 给 初学投资 发送悄悄话 (0 bytes) () 07/14/2009 postreply 19:11:38

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