Does my Premises Liability policy extend coverage to hired workers that are hired to work at my property and get hurt? What if their negligence causes harm to others? These are some of the common questions among investors. No Premises … Read More
This short three chapter excerpt of the original presentation will debunk three myths about insurance exclusivity, named additional insured on your homeowner’s policy, and using your homeowner’s policy to cover your investment properties. It will provide truths regarding coverages you … Read More
A monthly reporting form is an insurance methodology which allows our clients to change occupancy status, property values, as well as add and delete locations with no minimum earned premium. Meaning, you only pay for what you need on month-to-month … Read More
If one of your single-families caught fire last night, are you certain it is insured properly? If a spring storm blew the roof off of your 12-unit apartment building, would you have coverage for your loss-of-rents? Is your subject-to exposure … Read More
When selecting property insurance coverage with NREIG, consider a choice of two loss settlement methods: Replacement Cost and Actual Cash Value.
REPLACEMENT COST (RC)
Replacement Cost coverage allows claims to be settled with reimbursable depreciation.
EXAMPLE – A house insured … Read More
As consumers, let alone real estate investors, we tend to flinch when the insurance bill arrives. Many times, for good reason, rates are higher, coverage seems to diminish, and for what? We never even filed a claim! However, if we … Read More