That's how I mainly use it - to get people to quit blowing me off and give me a fair settlement. 

If your not handy and don’t have all the tools, this is not something to attempt unless your adventurous.Also I would try to figure out what’s causing the settlement or bucking to keep it from occurring again.

@Robert Kough After thinking about this a little bit and understanding the settlement that you came to with Your renter...

To this day I still don't know what happened or why she left so abruptly but all I know is it took my PM a while to find her and get a settlement from her for breaking her lease agreement.

Almost always, the insurer will negotiate a settlement before the case goes to trial.In summary, it is good to have not only property insurance, but an umbrella policy, if the claim reaches into the millions of dollars (which it can if there is a disabling injury or death).But, just as important as good insurance, is good risk management of your property. 

The title company/escrow settlement can type the contracts.

I'm not saying no one ever gets set up - I suspect there's a decent number of movie stars, sports athletes, and other "famous" people that end up with settlements over BS - but unless you're using a pseudonym here, there's a good chance you're nobody just like the rest of us and no one knows you have anything nor wants your stuff, so you can probably relax. 

Usually the line item on your settlement statement is much more than the real cost of a credit report.

You will want to look for closing Attorneys in NY state (not title companies) & you should be looking for two of them because NY does not allow the same attorney doing title work to also be the settlement agent. 

In addition, the owners will pay $25,000 to set up a settlement fund to compensate anyone else who might have been harmed.How can I avoid this?