Commercial building owner’s key insurance protection is using the additional insured clause in the tenants insurance policy. Here is what this does – give’s you/your company liability protection for the negligence of your tenant. Example, your restaurant tenant causes a…
Our insurance companies (Three actually) have unique programs that will insure 5 doors or more. For you that means 5 single family homes or 3 double rentals or a 3 unit and 4 unit rentals that equal 5 doors. Many…
Every insurance company has their own underwriting requirements for landlord insurance. Some Insurance companies only write to replacement value. This could be a moral conflict when you are buying a 2 unit for $200,000 and the replacement value is $523,000!…
Q – My neighbors tree fell on my rental house damaging the gutters, downspout and damaged some siding. Now what do I do? A – Unfortunately, this is your claim, since the neighbor was not negligent in the tree falling.…
When small businesses start, they get the basic small business insurance policy like a BOP (Business Owner’s Policy). But as your small business grows and you have more at risk, there are other things to consider. Like online thieves trying…
House flipping offers an exhilarating opportunity to generate substantial rewards but requires meticulous strategy and precise execution. As a senior venturing into this field, you’ll encounter unique challenges that come with equally rewarding opportunities. This Larsen Insurance guide reveals essential strategies that…
Did You know that we have a program for real estate investors that is for 5 doors or more? Could be 3 doubles, 5 single family homes or 1 – 5 unit building! Could also be a mix of 3…
Consumers don’t realize there are sub-limits built into most “main street” homeowner policies. I did my best to explain it in a quick one-minute video here:
Many homeowners don’t realize that their insurance limit on their home just isn’t the figure in Coverage A. Coverage A id what is stated on your homeowner policy of what your home is covered for. Many “main street” insurance companies…
Why you may have inadequate home insurance coverage. Inside every homeowner policy is what is called “sub-limits” of coverage. Like jewelry for example, maybe $1,500 maximum per piece, $5,000 total coverage. Or could be $5,000 for sewer/water backup in your…