Francis A.
California isn’t the only place where insurers are dropping homeowners
25 January 2025 | 9 replies
I suspect that is because of Hail damage ???
James Mays
Property Insurance - Out of state rental - Jackson, MS
16 January 2025 | 3 replies
If you have not already purchased this policy, I would look for a policy that provided a stated amount deductible for wind/hail vs. a % deductible.
Brian Stinson
Insurance deductibles for SFR
6 January 2025 | 5 replies
Some states are dealing with similar issues (wind, hail, fires, etc.), while others are working through some completely unique situations (like CA or FL).
Nathan Gesner
Have you ever used your umbrella insurance policy?
15 January 2025 | 11 replies
This location is in a 1mm population metro area, 230 units, and cost is about $1,800,000 all in.Limits of Insurance: Coverage:Liability and Medical Expenses$2,000,000/$4,000,000 Occurrence/Aggregate Comprehensive Business Liability$2,000,000 Any One Person Personal & Advertising Injury$4,000,000 Aggregate Products Completed Operations Aggregate$2,000,000 Any One Fire Fire Damage$25,000 Occurrence Customers' Goods Legal Liability Deductible: $0$25,000 Aggregate Sale and Disposal Liability Deductible: $1,000$10,000 Any One Person Medical Payments $1,000,000 Occurrence Hired Non-Owned$300,000 Each Employee Employee Benefits Liability$25,000/$25,000 Per Claim/Aggregate Employment Practices LiabilityLoc Class Desc Coverage Limit Ded Valuation Type 1 Self-StorageBlanket Building & Business Personal Replacement Cost Property $2,100,000 $25,000Earthquake IncludedSinkhole IncludedWindstorm or Hail Included 5%Business Income Actual Loss Sustained 24 MonthsPollution Clean-Up & Removal $100,000Employee Dishonesty $15,000Money & Securities - Inside $10,000Money & Securities - Outside $5,000Accounts Receivable $25,000Electronic Data $20,000Valuable Papers & Records $25,000Fine Arts $10,000Employee Personal Property $10,000Limited Pollutant Removal $25,000/$100,000Cosmetic Loss Limitation IncludedEquipment Breakdown Protection IncludedPremium, Fees, and Taxes: BOP Premium: $ 7,760.00Optional Terrorism Premium: $ 31.00Total Premium: $ 7,791.00Key notes:a.
Cindy Shiblie
Thoughts on investing in Little Rock
22 January 2025 | 9 replies
My biggest sticking point is they have severe weather; floods, hail, tornadoes, etc.
Donald DiBuono
Buying a Trust vs Sub To
23 January 2025 | 7 replies
A couple of Roof claims due to storm damage in Tucson, and we had several sub-to deals in Oklahoma when grapefruit size hail decimated a big section of the whole town.
Austin Wolff
Does Oklahoma really have the highest insurance in the nation?
11 January 2025 | 15 replies
Hail is the big culprit, tornadoes to a lesser degree.
Hai Le
Vacating unit at end of lease
2 January 2025 | 1 reply
@Hai Le - Usually you have to provide written notice / 30 day notice if you decide to not renew their lease or even just asking a tenant to leave.
Blake Winiecki
New Investor in Southwest Florida
15 January 2025 | 12 replies
Frequent hail storms pushing insurance rates up in that market.
Jin Zhang
What weather issues to pay attention in Kansas City?
26 December 2024 | 2 replies
Tornado, wind, hail, flooding if in a low spot, general weather related.