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Insuring vacation home , LLC ?

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Posted: Thu Oct 09, 2008 12:16 am   Post subject: Insuring vacation home , LLC ?   We are purchasing a vacation home jointly with another couple and want to know if we form a LLC will the cost of insurance go up.	myra New member Joined: 09 Oct 2008 Posts: 1 1.27 Dollars($)
Posted: Thu Oct 09, 2008 1:23 am   Post subject:    Some insurance companies won't even cover a second home if it is owned by an LLC. Ask your agent. _________________ Life moves pretty fast. If you don't stop and look around once in a while, you could miss it. - Ferris Bueller	LifeIsGood Senior member Joined: 22 Sep 2008 Posts: 584 1.18 Dollars($)
Posted: Thu Oct 09, 2008 10:33 am   Post subject:    Isn't this a limited liability comapny? Why wouldn't they insure as a second form of insurance? Would it be because more than one person has value in the property?	fireyone Senior member Joined: 07 Jan 2008 Posts: 1988 0.06 Dollars($)

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