What Every Real Estate Investor Should Know About Insurance Claims
Originally published in REI Ink Magazine. Experiencing a loss at one of your properties can be overwhelming, and dealing with insurance claims can be a complex process. By familiarizing yourself with the ins and outs [...]
Mitigation Tips for the Most Common Property Losses
At NREIG, we see numerous property claim submissions each day. And while some losses like hail damage are unavoidable, many are preventable. Taking proactive measures to protect your investment properties can significantly reduce the likelihood [...]
Ordinance or Law Coverage for Investment Properties
It is common for state, city, and local municipality building codes and requirements to change over time. As you may know, existing buildings that do not meet new codes are typically “grandfathered” from needing to [...]
Pools, Decks & Trampolines – Are These Amenities Worth It?
To attract the best tenants and beat out the competition, you may want to offer unique rental amenities. Some common perks may include a spacious kitchen, upgrades to flooring and countertops, or perhaps lawn service [...]
Named Storm Coverage for Investment Properties
By policy definition, a named storm is defined as any Storm, Cyclone, Typhoon, Atmospheric Disturbance, Depression, Hurricane, Tropical Storm, or other Weather Phenomena designated by the US National Hurricane Center and to which a name [...]
Investors Need to be Pro-Active Entering 2023
Originally published in REI Ink Magazine. If I could sum up the property insurance market in one word, it would be chaos. If you have been an investor for the last couple of years, [...]