Landlord Insurance with Online Portal for Management

[Todd Heuver]

Hi Everyone,

Insurance has been a frustration for me as I'm constantly adding property to my portfolio and always need to go through my agent (often with a couple reminder emails).  Adding further to the frustration is that I'm often asked if the property is rented out currently and if not, we have to do an entirely different insurance product while the home is being fixed up.  Lastly, anytime I want to verify all the properties I have insurance on, it seems to be a large undertaking too.

Has anyone else shared in this frustration?  Has anyone solved this issues?  I'm imagining some website where I log in, type the address of the property I wish to add and click submit (okay, maybe not quite that easy but at least in that direction).

Thanks,

Todd

[Casey J Burkhead]

Hey Todd,

I understand your frustration but it can be as easy as you think. There are now a few carriers who have package property products that you can 'somewhat' manage through an online database. As an agent, I still prefer to have my clients email me the requests so that I make sure the properties get properly covered. But they can also view the property list and print declarations any time. I have two relationships. One is through All Risks and the other is Seattle Specialty. I believe both have to be accessed through an Agent but I could be wrong. Also, they won't create an account for anyone with less than ten to fifteen investment properties. Another great aspect is that you can insure occupied and vacant on the same package. 

- Casey