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Insurance for investors Tag

fix and flip, vacant insuranceYour First Fix and Flip

You just acquired your first Fix and Flip property, and are ready to begin your adventure becoming the next Fixer Upper.  You’ve lined up contractors to do the dirty work you aren’t able to do yourself.  You know the area you will focus on to buy and sell homes. You have a marketing plan to get the house sold as quickly as you finish.  What have you forgotten?

Property Investor Insurance: Actual Cash Value vs. Replacement Cost Value

property investor insurance, property investment insuranceInsurance policies are difficult to understand, we all know that. ACV, RCV, what does it all mean? Clarification of the insurance language is important.  There are very few people who will read a policy cover to cover and understand what it means. This article is intended to take basic information of property investor insurance and explain what it means to you.

OREO insurance and the advantages of being covered.

OREO InsuranceWhen a business or individual invests in a property, they take full responsibility of its upkeep. The home may not be a primary residence, however, and it is meant to be a rental property. Investors need to protect their property by looking into OREO insurance. These policies cover residences that are not currently inhabited. In fact, it benefits the investor to have this insurance for several reasons.

Protect your investment: Insurance for Investors

Insurance for investorsInvesting in real estate is one of the smartest ways to gain wealth during a relatively short time period. When a property is unoccupied, insurance for investors is needed to protect that investment. One investor might own three or four different properties, but they aren't always occupied. Certain properties might be waiting for rental to begin.

Insurance should not be a scary mystery of the unknown. One trend I have seen in working with clients is insurance companies or agents not providing an actual policy when issuing...

One of the most valuable investments you can make is the investment in yourself and your knowledge. If you are able to familiarize yourself with insurance terms you will be...

What is coinsurance? Well it seems to be the insurance version of to, too, and two. Coinsurance is the same term but means different things depending on what type of...