Insurance question… I received various answers from insurance agents and investors… Is insurance for a second or third home or…
Insurance question… I received various answers from insurance agents and investors…
Is second or third home insurance will be cheaper or in other words if I do insurance to a number of properties the payment will be lower ??
If you mean liability insurance then you can insure for 1M $ a number of properties.
They usually limit the policy so that throughout the policy period you are covered up to twice the compensation height of 500,000.
If in two houses you passed the lid and a third case happened in a third house then you are not covered…
In these insurances the more houses you have the insurance per apartment cheaper… so was at least in the offers I received.