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 [...]
How to Insure Coastal Properties
Tropical storms and hurricanes can cause severe damage to properties in coastal locations. According to the NOAA Office for Coastal Management, the average hurricane costs $22.8 billion in damages. So, knowing how to properly insure [...]
How Economic Conditions and Natural Disasters Affect the Insurance Market
Climbing insurance rates are being felt by homeowners and real estate investors across the country, in some areas more than others. As insurance becomes more expensive, property owners can't help but ask themselves what they [...]
Evaluating Your Flood Insurance Options
It is important that property owners understand their risk exposure to flood AND are aware that their property insurance policy most likely does not include this coverage. There are several options available to you for [...]
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? 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 [...]