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
Home systems and technology continue to advance, but many essential appliances and mechanical systems can still fail without warning. While they keep properties comfortable and running smoothly, internal breakdowns are often not covered by standard [...]
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 [...]
Choosing the Best Settlement Method: Replacement Cost vs Actual Cash Value
When it comes to settlement methods, you have two options to choose from Replacement Cost (RC) and Actual Cash Value, (ACV). These two options determine how your claims payout is settled in the event 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 [...]