How to Insure Your “Subject to” Property
Insurance for "Subject To" properties is a commonly misunderstood challenge. A “Subject To” deal is when you agree to purchase a property subject to the existing mortgage along with all other liens attached. The existing [...]
Insurance Coverage Options for Turnkey Operators
Turnkey operators have unique needs when it comes to how they insure their property investment portfolio. Whether it’s deciding to carry property and liability insurance (or liability only) or determining what building value is sufficient, [...]
Understanding Coinsurance on Your Investment Property
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 [...]
The NREIG “Is It Covered?” Series
While insurance policies are probably not the most popular item on your reading list, it's critical to understand what is covered and what's not. Knowing what is not covered allows you to take proactive steps [...]
Should I get a Personal Umbrella Policy for my Investment Properties?
Myth: A personal umbrella policy is the best way to cover my investment properties. We hear this on daily basis. Insurance agents collectively do a poor job explaining to their clients what an umbrella policy [...]
Premises Liability Coverage: General Contractors
Premises liability insurance covers property owners in case the owner's negligence causes harm or injury. The most common use of premise liability is when renters trip and fall from something like an uneven sidewalk. When [...]
NREIG Monthly Reporting Form
Designed for real estate investors, our monthly reporting form is an insurance methodology that allows our clients to change occupancy status, and property values, as well as add and delete locations with no minimum earned [...]
How to Insure Your Investment Properties
If one of your single-family properties caught fire last night, are you certain it's insured properly? If a spring storm blew the roof off of your 12-unit apartment building, would you have coverage for your [...]