I have recently purchased three houses in Memphis and to my surprise I am having a terrible time trying to get decent landlord insurance. Two companies said yes but when I said I do not live full time in the US they came back we can't help".
Does anyone have a broker or company they can recommend to me.
Cheers, Cheryl.
Cheryl,
We are not really active in Tennessee, but we have a lot of Australian and other international investors that seem to run into this.
It seems that the trick is to give the name of your LLC and the registered address in the US + the EIN number, which should get you set up. Sometimes if you tell them you're not based here, they'll automatically assume that you own in your personal name and then the rate will be higher because of the (supposedly) higher costs of processing claims etc.Good luck Cheryl !! Let us know how you go.
Jayman,
Where abouts is the talk? Australia is a big place!!
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