My old insurance just dropped me. Said that our property rebuild costs exceeded their maximum. Now, while searching for new insurance through a broker, I'm being told that my building now requires a "Central Station F...

My hometown of Redding CA is burning. So far 884 homes completely destroyed, and 170+ damaged. 30,000 people have been evacuated (including some of my family) an 110,000 acres burned. The good news is that the communi...

Ok, I am going to try to keep it short so as to not confuse anyway. I had a house fire on my rental. The insurance company did not consider it a total loss. I hired a private adjuster company that worked with my insur...

The recent California wild/urban fires, the destruction of 15,000 homes,  and the horror stories on insureds not getting paid enough to rebuild, have me wondering: How do we ensure that our coverage will do what we th...

Have a property under contract that most likely will be a rip down and rebuild. From my knowledge I believe I can take it down to one wall standing and rebuild from that starting point and it's still considered a remo...

I just received my Foremost insurance policy for our STR Lake house.We have replacement cost insurance, but the amount seems low in today's costs to rebuild. Our Lake lot is a good chunk of the value but still I wonde...

The city rezoned our single family residential house about 1 1/2 years ago to commercial. We just had a small fire that caused approximately $2000 damage. They said the code reads that we can not do any improvements t...

I don't currently own any property, but I'm pretty close to making offers on a few multi units in the city, 2-4 unit range type buildings.  I have called a few major insurance agencies (Farmers, MetLife) and so far th...

The purchase price of our house (in Illinois) is $68k and one of the insurance agents I got quotes from (still waiting on the other) gave a quote actual cash value (56,000 being the coverage amount) for $300/year, but...

I am the private lender on a single family home flip.  The purchase price is $192,000.  The rehab budget is $30,000.  The ARV is $280,000.  The flipper is experienced.  I have lent on approximately 15 flips with other...