Hi I just learned a day ago that my rental house burned down (see photos) I am looking for tips for when calling the insurance company from those that have dealt with home owners insurance fire claims or have insura...
We just closed last week. There was a section in the mortgage that states that the owner will have a policy that covers the "full insurable value" and a lot of other legal jargon. The gist of the paragraph is that h...
I currently use Geico (Travelers) for my own home but for a rental is there any discount insurance companies that work with real estate investors? This is my first rental. Thanks.
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...
We found out we need to rebuild a parapet wall on a 4 plex in Denver. We've done a few masonry repairs before but nothing like this. The house next door is close so we have to use the roof of the homeowner next door. ...
Hello, I am a private lender. My mortgagor's insurance only covers dwelling replacement. How do I protect my investment as the loan amount is more than the replacement cost of the property? I have looked at forced-pla...
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 volunteer some of my time at a local nonprofit helping others rebuild their credit and get their life back on track. After I screwed my credit up so bad in my early twenties I feel it's only fair I help others so t...
Closing on my first duplex next week. I called to set up insurance today. The property was built in 1900. Purchase price is $100,000. After answering the typical questions regarding materials and estimations, my insur...