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Updated about 10 years ago on . Most recent reply

CL Ziegler's profile image
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CL Ziegler
  • Investor
  • from Albany, GA
  • Member since Jan 26, 2014
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CL Ziegler's profile image
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CL Ziegler
  • Investor
  • from Albany, GA
  • Member since Jan 26, 2014
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CL Ziegler
  • Investor
  • Albany, GA
8
Votes |
70
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General Landlording & Rental Properties

Ins. Claim on rental prop - Is it ever okay?

CL Ziegler
  • Investor
  • Albany, GA
Posted

I have heard this is a no no, but I don't recall ever hearing why it's bad.

I have confirmed hail damage on three roofs. Is there a down side if I file these as a claim? Am I guaranteed the policy will be cancelled? 

I do not understand why it's bad to file a claim on rental property. Can someone clue me in about the ups and downs of this?

Thanks in advance.

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Dave Foster
  • #1 1031 Exchanges Contributor
  • Qualified Intermediary for 1031 Exchanges
  • from St. Petersburg, FL
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Dave Foster's profile image
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Dave Foster
  • #1 1031 Exchanges Contributor
  • Qualified Intermediary for 1031 Exchanges
  • from St. Petersburg, FL
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Dave Foster
#1 1031 Exchanges Contributor
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  • St. Petersburg, FL
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Dave Foster
#1 1031 Exchanges Contributor
  • Qualified Intermediary for 1031 Exchanges
  • St. Petersburg, FL
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One of Life's immutable truths

Never buy Insurance - Always invest in Insurance companies :)

  • Dave Foster
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