According to the U.S. Geological Survey (USGS), 42 states have a reasonable chance of experiencing a damaging earthquake, and there are more than 5,000 earthquakes in the US each year. Yet, in a poll by the Insurance Information Institute, just … Read More
We are excited to announce a brand new product to serve one of the fastest growing sectors in commercial real estate: self-storage. Underwritten by Lloyds of London, this product offers the most comprehensive included insurance coverage form available on the … Read More
Do you require your tenants to carry renter’s insurance in your lease? Do you enforce it? Your tenants can go out in the open insurance market and purchase an annual renter’s insurance policy by paying a couple months of premium … Read More
Insuring your investment properties under your homeowner’s liability policy is a common mistake for many new investors. Many will contact their local agent who insures their home and auto, and request to add the investment property coverage. The easiest thing … Read More
You should work directly with an independent broker that specializes in insuring residential rental properties (apartments, single family rentals, duplexes, triplexes…etc.). Be sure that the broker represents multiple insurance companies that specifically want to … Read More
Coinsurance is an industry-wide property provision that states the amount of coverage that must be maintained as a percentage of the total value of the property at the time of loss. The penalty is based on a percentage stated within … Read More