Morning fellow REIs,Does anyone have any suggestions/recommendations for an insurance company that sells liability insurance coverage for a vacant lot?

The on-boarding alone is another full time job.As Julie McCoy pointed out, the advantages (marketing, payments, time input, expertise, insurance, legal, website creation/maintenance, SEO, reach) currently far exceed the dependency disadvantages of OTRs.For all that value and time savings, I wouldn’t even bother too much circumventing their communication system to deal outside their box.

That's why your car insurance doesn't cover you while you're out delivering pizza.

These panels are outdated and will likely affect our ability to get insurance, and thus a loan, on the property.

Insurance companies pay me to do it for them.

Account Closed I assume you also use power of attorney and have a conversation with the owner regarding insurance on the property, too?

For you that means potential fines and for your buyer it could mean a denial of an insurance claim should something happen to the property or a person working on it.

Does anyone have advice on how to navigate the insurance claim to maximize payout?

Definitely get your personal financial situation stable so you have a good foundation to leverage off of for years to come.

I think the insurance plan I can rely on for the pension increases my ability to leverage myself without worrying about losing everything as much.