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Rental property insurance cost
28 August 2018 | 20 replies
Hello,Instead of switching to a different policy carrier, I opted to downgrade my premium by removing the rent loss, adding a higher deductible, and switching coverage from replacement cost to market value.
Casey Culver
HVAC repair or replace?
16 January 2019 | 28 replies
I installed a Tempstar, (Same company owns tempstar, bryant, carrier) in my rental and its been reliable.
Curt Smith
Rehab in small towns, no contractors are insured, my protections?
16 May 2018 | 12 replies
So far my asking around for umbrella carriers has not found coverage for this issue either.IMHO this is a big gap and risk factor for us rehabbers.I've been asking agents for some time now, no statements that their policy covers this risk.
Julie George
Water leak into my neighbors unit
18 July 2018 | 2 replies
After several weeks of investigation and adjustors coming out to both units, we received a letter from my insurance company stating they are denying the claim for my neighbors unit, due to the fact that they found no negligence on my behalf (water supply line leak was accidental and corrective action was taken immediately upon notice), and that after careful review of the Condo Association Bylaws, they found language in the Bylaws that requires all insurance carriers to waive their right of subrogation against the association or any unit owner.
Kevin Kelleher
Insuring an owner occupied duplex
6 August 2018 | 3 replies
They have the ability to shop many carriers to find those that will take the risk.
Richard Jahnle
Knob and Tube Wiring in a rental - Philadelphia
5 April 2019 | 24 replies
I reached out to a few insurance carriers, and the best I got was a company that said they could insure a house with knob and tube if it was built after 1940, but then when they looked up the exact property of the house I was looking to make an offer on (built in 1950), they said it was in fact not eligible to be insured by them.
Allen Lopez
Insurance won’t replace roof damaged by hurricane. Help?
27 June 2019 | 8 replies
Allan, there are 2 separate claims and the insurance carrier will treat them as such.
Chris You
Questions on building custom building cost Los Angeles, echo park
14 August 2019 | 10 replies
I differentiate this from panelized construction which are things like SIPs or other wall panels that are flat packed onto a carrier and then assembled on-site.
Anthony Harper
Landlord Policy for 4-Plex
2 October 2018 | 5 replies
I've narrowed it down the choice between two carriers and there's a significant price difference between the two, as one offers replacement cost and the other actual cash value.Purchase Price:202,500 Loan Amount: ~$160,000 Option 1: $1500/yearCoverage Amount: $205,000 - ACTUAL CASH VALUE Includes: Liability, Earthquake, Loss of use Option 2: $2,800/year Coverage Amount: $500,000 - REPLACEMENT COST Includes: Liability, Earthquake, Loss of useI can't decide which policy is more appropriate to protect my investment.
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Would you rent to someone with a Mastiff Mix?
21 June 2013 | 12 replies
You guys have anything from your carriers?