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Updated over 2 years ago on . Most recent reply

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51
Posts
9
Votes
Mark Cohen
  • Real Estate Professional
  • Monsey, NY
9
Votes |
51
Posts

loss of rent insurance

Mark Cohen
  • Real Estate Professional
  • Monsey, NY
Posted

I know there is a concept of loss of rent insurance if there is a fire or something. 

My question is if there is a concept  of an insurance policy that will guarantee a specific noi 

number.

For example if I am buying a property for 1 million with projected noi of 75k is there a way 

to buy a guarantee that anything below that at years end they would reimburse.

Essentially this would make it a guaranteed investment in terms of cash flow

Most Popular Reply

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2,494
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1,431
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Jason Bott
#2 Insurance Contributor
  • Insurance Agent
  • Nationwide
1,431
Votes |
2,494
Posts
Jason Bott
#2 Insurance Contributor
  • Insurance Agent
  • Nationwide
Replied

@Eli M. not in a standard property policy.

You will want to connect with @Aaron DiCaprio as he has a product that offers this protection.

  • Jason Bott
  • Loading replies...