Maintaining a visually appealing and up-to-date rental property is essential for attracting and retaining tenants. But full-scale renovations (especially in our current economy) can be expensive and time-consuming. Luckily, there are numerous upgrades your investor
As an insurance agent, understanding the specific details of your contractor clients’ operations is essential. And for a successful submission, it is crucial to report accurate and comprehensive information. While every question on the GCGuard
To attract the best tenants and beat out the competition, your investor clients may want to offer unique rental amenities. Some common perks include a spacious kitchen, upgrades to flooring and countertops, or perhaps lawn
Many assume that ANY kind of damage done by a tenant will be covered. This is simply not the case. Though coverages vary, certain types of damage done by tenants are excluded in standard property
Contractor faulty workmanship or injury on the job site are two risks typically excluded from your investor client’s insurance policy. Whether they are hired, leased, temporary, or volunteer workers, if structural work fails or a
By policy definition, a named storm is defined as any Storm, Cyclone, Typhoon, Atmospheric Disturbance, Depression, Hurricane, Tropical Storm, or other Weather Phenomena designated by the US National Hurricane Center and to which a name
With the ability of catastrophic weather events to pop up and escalate quickly, preparing properties and tenants well in advance is of the utmost importance. Once they begin there is usually little, if any, time
A lot of investors don’t know that most property policies exclude coverage for a fire due to aluminum wiring. However, many homes being purchased as investment properties were built when aluminum wires were widely used
Many people think that their insurance policy only details what they are covered for in the event of a loss. While it does include the types of losses the insurance carrier will reimburse and what
Do your investor clients know that damage from the weight of snow, ice, or sleet is only covered under certain policy formats? For your clients who invest in more northern or mountainous areas, it is
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