Not sure if you use a PM, but my software tracks the policies and lets me know automatically if there is a lapse in the renters policy, so that we can try and avoid this type of scenario.

When loans were called, was it due to specific triggers like delinquencies, insurance lapses, or low-interest rate portfolio loans held by smaller banks?

This way, I’m notified if the policy lapses or gets canceled.

With an invoice showing "no charge" for fixing the cupboard, this hopefully can't happen again if a contractor changes did mind or has some type of mental lapse.  

They’ve taken payments for premiums and not bound the policies, and let the policies lapse without my knowledge.  

Other lapses include forgetting to include utility fees in a new lease which was previously discussed with the owner but the new lease got signed by an existing month to month tenant and was not shared with the owner before the tenant and the PM signed it!

“If you are seeing a billboard of ‘Sell your home’ or ‘We buy houses’ or whatever else, those kinds of things might be us.”Lapsed licensesDepartment of Licenses and Inspections records show about half of the Philadelphia properties owned by RAD or other Mendenhall-led funds were granted rental licenses since those businesses acquired them.Landlords are required to renew a property’s rental license once a year.

Get a HELOC, which is possible but more difficult to find on a rental property, and is much easier and cheaper for an owner occupied property.What I have seen is if there's no insurance, it's treated as a lapse and insurance companies can decide not to provide coverage so did you face that in your case?

Not only will this lead to you being alerted if the policy lapses, but if their pet bites someone it may protect you from a resulting lawsuit.4) Unathorized Pet- Check your lease and state laws to see if you can terminate the lease over this.

If their policy ever lapses or is canceled, they are automatically enrolled in my master policy and covered.