Micro Flipping: What is it & What Type(s) of Insurance Does it Require?
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 been utilizing this strategy for [...]
Evaluating Your Flood Insurance Options
It is important that property owners understand their risk exposure to flood AND are aware that their property insurance policy most likely does not include this coverage. There are several options available to you for [...]
Service Line Coverage for Investment Properties
Did you know that damage to external service lines is not covered under a standard property policy? Depending on the type and severity of the damage, repair work can be quite expensive. HomeGuide reports that [...]
Equipment Breakdown Coverage for Investment Properties
Out-of-pocket repair costs for damage caused by common home appliances, furnaces, and HVAC systems can hurt your business. NREIG's Equipment Breakdown offering helps protect investors like you by covering the physical and financial damage that [...]
Is It Covered? Burst Pipes
It's a common misconception that water damage from a burst pipe at your investment property is automatically covered. Water Damage from a burst pipe is not included under Basic Form coverage. Broad and Special Form formats of [...]
8 Ways to Reduce Your Property Insurance Costs
We understand that when you spend less, you make more. Furthermore, when times are tough (and even when they aren't) it's smart investing to find ways to reduce costs and maximize your ROI. Follow these [...]