5 Key REI Relationships to Avoid Heartache
Real Estate Investing (REI) is by nature, a profession dependent upon relationships. Think about all the people you interact with in one acquisition alone: sellers, the sellers’ agent, property inspectors, settlement agents, bankers, lawyers, and [...]
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 [...]
2022 Insured Loss Events in Review
It has been another chaotic year for the property insurance market. If you’ve been an investor or homeowner for the last couple of years, you’ve likely experienced required increases to insurance value, premium increases, or [...]
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 [...]
Is It Covered? Garages, Fences & Other Structures
Some assume coverage for garages, fences, and other outdoor structures is automatically included in their insurance policy as these items are located on the same land as the main house. Coverage for “Other Structures” is [...]
Shielding Your Investment Property from Winter Risks: Pt 2
Winter has made its presence known, but there is still time to winterize a vacant home. In this two-part series, we are looking at four winter perils from which you’ll need to shield your properties. [...]
Shielding Your Investment Property from Winter Risks: Pt. 1
While some regions of the United States have already received their first snows and freezes, it's never too late to start prepping your property for winter risks. In this two-part series, we’ll look at the [...]
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 [...]