New York no longer has a “aggressive dog” list for homeowners! The New York State legislature has now done away with the “hot” breed dog list. The question of dogs still remains on the standard (Acord) application for homeowners insurance…
When you have rental real estate, a higher-valued home and some assets to protect, a personal umbrella policy is the solution for you. This personal umbrella policy goes over your home, your cars and rental property you may own. It…
Airbnb becoming more popular with real estate investors. Due to the per daily charge many investor’s can charge, they are getting a better return on real estate by using it as an Airbnb. When your $100 per day fee, plus…
We have been getting more & more calls & inquiries with investors who own multiple use properties. While the apartments are the easy part of a mixed-use building, most real estate investors don’t realize the commercial tenant matters. An accountants…
That is why in my office, we want to walk you through any insurance claims you may be reporting directly to an insurance company on their 1-800-number. What if 4 sections of fencing blew down and it cost you $1,300…
If you are a flipper of real estate, just know that you are not going to get “platinum” type coverage on a vacant building. Insurance of these properties will be mostly fire and liability insurance coverage, as insurance companies don’t…
There are several insurance companies that do offer the underground utility coverage on 1-4 family rentals. Sometimes also called “Service Line Coverage” this is for all underground utilities – water, sewer, gas, electric. It’s only on 1-4 family rentals at…
Are you using your property as an Airbnb? We’ve had a few clients turn their rental property into an Airbnb and this is a mistake. Not all landlord insurance companies allow for “short term rentals”, which is what an Airbnb…
Depends. The quick answer is the water leaking will likely be covered with anything it damages but the pipe itself would be a maintenance issue. Where it might NOT be covered (we had this claim), where it leaks for months…
No. Earth movement and earth “settling” are not covered by homeowners insurance or any property insurance policy.