My brother and I own the duplex free and clear. He will live in one side and we’ll rent the other. We want to create an LLC and put the house in it. Where do we look to buy insurance?
I Own A Duplex & Want To Put It In An LLC. Can It Be Insured?
14231 POINTSview profileTom SheehanAgency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482Yes of course, but more than likely it will not qualify for a standard dwelling policy issued on a personal lines form. Instead it will need to be covered by a commercial policy designed to offer protection for properties that are titled in the name of a business, in this case an LLC.Answered on May 16, 2014flag this answer
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.
.JPG){kind=avatar}
