Multiple Residential Rental Properties

 
Residential Rental Property Coverage

Got 2 or more rental properties that need insurance? Protect your investment. You don’t have to be an insurance agent to get the coverage you need.

Have just 1 or 2 homes? Simply apply on the Bigfoot Insurance Underwriting Platform HERE

We offer declined homeowners insurance too!

Highlights:

  • Eligible risks: 1-4 family residential risks and small apartments up to 10 units

  • Property coverage limit: $1,000,000 per risk (higher limits are available on a case by case basis)

  • Available Coverages: All Risk property coverage, loss of rents, G.L and flood

  • 12 month rental terms. No short term rentals in this program.

  • No property age restrictions as long as updated within last 35 years to electrical, heating, plumbing, H.V.A.C, and roof

  • Eligible locations: All 50 States excluding Detroit, MI; Galveston and Padre Island, Texas; and the Florida Keys

  • Coverages can include: Property, General Liability, Flood, and Earthquake

  • ONE policy issued for the entire schedule- this makes billing and renewal a breeze!

  • No property inspections are required

Note: Bigfoot Specialty Insurance has underwriting authority with several markets so we have plenty of capacity

Submission documents for Insurance Agents (Mark can assist if you need help!):

Please send submissions to submissions@bigfootbinds.com for a 24 hour underwriting turnaround.

Frequently Asked Questions:

Q: Is there a minimum number of risks?

A: Yes, five. If you have less, just go to www.bigfootbinds.com to get started. No Maximum number of properties

Q: In what states do you write?

A: All 50 States. Excludes: Detroit Metro Area, Galveston and Padre Island TX, and Florida Keys

Q: What is the maximum number of apartment units you will consider?

A: We can accept up to 10 apartments.

Q: What if I add or remove properties? How is premium calculated?

A: Premium is calculated on a daily pro-rata basis for properties added or deleted during the policy term.

Q: Do you have financing?

A: Bigfoot can provide a premium finance solution. Email Mack@cig-llc.biz for details.

Q: Do you monthly billing?

A: Bigfoot can provide a monthly billing solution for schedules over $10,000 in annual premium.

Q: How easy is it to add/remove properties?

A: Simply email us with updates as your insured purchases new properties. Properties are added and deleted on a prorata daily basis.

Q: What carriers are in this program?

A: We have three carrier options depending on the information of the risk provided in the schedule application.

 
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