All Forum Posts by: Kathryn Ryan-Dale

I suggest contacting several Independent Agents (that represent multiple carriers). Which policy is used will depend on wether or not you live there. You should be looking for Building coverage based on the Replacment (rebuilding) cost of the structure. The coverage should be Special Form (aka All-Risk). I try not to use the All-Risk term as it does not cover all risks (Flood & Earthquake are two examples of what is not covered). You will need contents coverage, Loss or Rents, Detached structures, Liability (buy as high a limit as possible) and medical payments coverage. Some optional coverage to have quoted are Personal Injury Protection, Equipment breakdown, underground pipes, and water backup to name a few.

Thank you for your wonderful insights and advice! Yes, I definitely want an all-risks policy. I am looking at Zurich.

0 Votes

Cleveland, Ohio

Quote from @John Mocker:

Kathryn,

Thank you for your wonderful insights and advice! Yes, I definitely want an all-risks policy. I am looking at Zurich.

0 Votes

Cleveland, Ohio

Quote from @Jason Bott:

Kathryn, there are a lot of options. I'll PM you some of the insurance carriers we use for our clients.

Thank you!

0 Votes

Cleveland, Ohio

Thanks in advance for help and advice. I am purchasing a four-plex. Can anyuone recommend a good insurance company for all-risks coverage upon purchase of this property?

1 Vote

Cleveland, Ohio

Isn't she actually trespassing now?

2 Votes

All Forum Posts by: Kathryn Ryan-Dale

Kathryn Ryan-Dale has started 1 posts and replied 6 times.

Post: Insurance coverage at purchase of a four-plex

Post: Insurance coverage at purchase of a four-plex

Post: Insurance coverage at purchase of a four-plex

Post: Insurance coverage at purchase of a four-plex

Post: Insurance coverage at purchase of a four-plex

Post: My first property (CA) closed, Seller says she's not leaving