Insurance for investors Tag

fix and flip, vacant insurance

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, property investment insuranceThe difference between actual cash value vs replacement cost value can be confusing. Policies can sometimes be 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 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.

Your insurance policy and Surplus lines account 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...

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...