A hail storm while I was holding it caused a new roof to be needed but insurance paid most of it.

A hail storm while I was holding it caused a new roof to be needed but insurance paid most of it.

You should get a free inspection from a local roofing company to see if your roof may have wind or hail damage that may be covered by the insurance policy.  

One recent example was a gentleman with 4 similar buildings to mine who has never filed a claim in 20 years of coverage with my broker was dropped from coverage on ALL FOUR buildings after filing a hail claim on the roof. 

The following perils are the most common perils that are insured against with DP1 insurance:• Fire & Lightning• Internal Explosion & External Explosion• Windstorm & Hail• Riot & Civil Commotion• Smoke• Aircraft• Vehicles• Volcanic Explosion• Vandalism & Malicious MischiefIt is important to point out that not all DP1 insurance policies cover all of the perils listed above.

My house in houston had roof damage due to hail and strom damage.

Quote from @Hai Le: Hey there!

If the property values in your market soften, if the tenant moves in and destroys it, fire, earthquakes, floods, hail, hurricane, another lock down requires you to keep a non-paying tenant - honestly anything - and my position in the property is at jeopardy.

I think their rental insurance coverage is for the property (your rental house) in case of natural events or accidents (fire or hail damage) that damage your rental house.

It is hailed more and more as the Manhattan of Miami and I believe it will be positioned as such.