Understanding Coinsurance Penalties
Underinsuring your property, even if accidental, could greatly decrease claim payouts when a loss occurs. In this video, we break down how coinsurance penalties work, and how you can avoid them. Watch below! [...]
Actual Cash Value vs Replacement Cost: Choosing Loss Settlement Methods
When a loss occurs at one of your investment properties, how your insurance pays out can make a significant difference. Which settlement method best suits your business, Actual Cash Value (ACV) or Replacement Cost (RC)? [...]
What’s the Difference Between Flood, Water Damage & Sewer Back-up Coverage?
Understanding the insurance differences between Flood, Water Damage, and Sewer back-up is a common area of confusion for any real estate investor. Which covers what cause of damage? Where am I exposed? How can I [...]
Explaining Basic vs Special Form Coverages
Protecting your investment properties begins with understanding available coverage forms and which one best suits your needs. Learn about Basic and Special forms in the video below! Transcript: Protecting your investment properties begins [...]
What is Premises Liability?
As a real estate investor, it is your duty to maintain your property and keep it in a safe condition for tenants and guests. Failure to do so puts you at an increased risk of [...]
What is Property Insurance?
Although property insurance and homeowners policies share similarities, the insurance needed for an investment property can be very different from what is required for an owner-occupied home. Learn more about what property insurance covers and [...]