Landlord's Insurance for out of state property

paydawg

Active member
For those of you TI'ers who have investment properties out of state, do you recommend using an insurance agent local to Irvine or local to the actual property?  Or does it not matter? 

I'm shopping for insurance for my investment property in NV. 

Thanks all.
 
My take is I'd look for in the state, some insurers like wawanesa only covers ca and Oregon or something.
Even if they do cover there, the local agent here will probably refer someone there anyways.
 
I have been with all state for 18 years and they have the lowest premiums I have seen for my landlord policy. For several of my investment properties I pay only $297 a year and the umbrella policy is very cheap for the investor but you need to have your primary and car with them to get this rate. I know that the landlord policy is much more expensive in states like Texas and Florida.
 
You'll end up buying insurance for a NV home from an insurer in that state, not really a big deal.  Just shop around...try a few insure brokers, Ameriprise through Costco, and larger insurers like Farmers and Allstate.
 
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