Your Guide to Property Insurance for LLCs, Rentals, and Vacant Homes
Do you have a risk in the name of an LLC, Trust, or Estate? Or a home being flipped to sell? If you do, we have a market for you! We can offer DP-1 and DP-3 quotes.
DP-1 is available for all occupancies, including non-residential structures such as pole barns, garages, sheds, shelters, etc. DP-3 is available for rental, seasonal, and vacant occupancies. Owner-occupied DP-3 is available with one carrier if desired. Replacement cost is only available under the DP-3 program. ACV and Full Repair Cost are the only settlement options for DP-1. High-value homes are accepted under either program.
Do you have a client with an LLC that has multiple rental units? We can schedule up to 30 dwellings with the same occupancy under one policy. If you come across a vacant home that needs some TLC, we have the right product for you. This can be quoted as a DP-1 with the builder’s risk endorsement added on for proper coverage.
There are many different discounts that can be applied to quotes to help cut down on costs. Some of these include:
• Claims-free discount
• Paid-in-full discount
• Paperless discount
• Multi-policy discount
These are just a few of the discounts that can be offered. Call us for more information and with any questions you may have. We look forward to working with you!
