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 [...]
Preparing Your Property for Severe Spring Weather
It may feel a little early to be talking about spring weather preparedness, but now is the time to start thinking about potential risks. You want to prepare your property before they present a real [...]
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? Snow, Ice & Sleet
Did you know that damage from the weight of snow, ice, or sleet is only covered under certain policy formats? For those who invest in more northern or mountainous areas, it is important to [...]
Is It Covered? Mold, Mildew & Fungus
Insurance coverage for Mold, Mildew, and Fungus is usually either completely excluded or may be very limited depending upon the policy. Many people assume that they will have at least some coverage for Mold when [...]