At REInsurePro, we see numerous property claim submissions each day. And while some losses like hail damage are unavoidable, many are preventable. By taking proactive measures to protect their investment
While it is rare for a landlord to be held liable for injury caused by their tenant’s dog, that doesn’t stop the injured party from pulling the landlord into a
It is common for state, city, and local municipality building codes and requirements to change over time. As you may know, existing buildings that do not meet new codes are
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
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
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
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
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
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
If you closely follow real estate investment trends, you may have heard the term “micro flipping” thrown around recently. While some large companies like iBuyers, Zillow, Redfin, and Opendoor have
Copyright © 2020 REInsurePro. All Rights Reserved.
A division of National Real Estate Insurance Group.