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.
Who do you trust to handle your financials in real estate? When you want to refinance – who do you trust? When it comes to evictions or law work – who do you trust? When it comes to realtors, who…
If My Insurance Policy Could Talk to Me. You bought me when you 1st bought the house, as the bank would not lend money without home owner insurance. That makes total sense to me and I am also protecting perhaps…
Who else has done some sort of remodel to their basement? Recreation room, TV room, Theater room, wine room? Did you know that most all homeowner insurance policies carry a “sub limit” on water/sewer back up? On some it may…
Money Magazine recently published an article about homeowner’s insurance – which gives a good explanation of coverage’s. It is a good start, especially for new home buyer’s without a prior home insurance policy. While I don’t agree with their…
When it comes to commercial property risks, not all insurance companies want or can insure a mixed-use building. Mixed-Use means there is some commercial space and some apartment space in the same building. It could be a retail store, an…
Cute doesn’t exactly explain how the coverage’s apply. Is the “other structure” (in this case a garage called “other structure” on your homeowners insurance, could be a shed too) covered in this fire loss – yes. But what about the…