Seriously, have you ever compared a manufactured home insurance policy with that of a “stick built” home insurance policy? The cost can be crazy. Why? Insurance rates are based on the expected losses, and in short the expected losses from a manufactured home are higher than a traditional home. Let’s look at a couple of […]
Successful real estate investors understand the concept of Rinse and Repeat. That is, finding a real estate investing method that works for them, implementing it successfully, and doing it again and again–increasing cash flow and building a legitimate business. For those of us that believe the buy and hold rental model is best and hold 10 […]
When many investors look at insurance, they simply see it as an expense item, something to drive down cash flow. While we are all looking to maximize cash flow, insurance protects the cash flow that can be obtained during the time you hold the investment. The first thing insurance protects is the house itself, the […]
Gila Insurance Group has put together a landlord insurance checklist of things you should discuss with your insurance agent. While it’s nice to have the list, the question is why are these so important? Here we will break this down, and explain piece by piece why you need to have these conversations. Investment Property […]
LANDLORD FURNISHINGS A landlord’s insurance policy covers the home and can include insurance for the landlord’s furnishings. This isn’t the renter’s stuff, that needs to be covered under a renters policy, this is your stuff. Coverage for the landlord’s furnishings is important, and should not be overlooked. Why, because even if you aren’t furnishing the home, […]
In 13 years of providing RV insurance we’ve gained a bit of experience. By experience I mean we get asked to insure all types of things. So much so that it necessitates a few definitions. Since we are talking about RV insurance, let’s start with defining what an RV or Recreational Vehicle is. A Recreational […]
Perils insurance against, what in the world does that mean. Here’s an insurance guy trying to explain the insurance options for rental property insurance. Rental Property Insurance Coverage – Section I policy Form – Perils insured against. Demystifying the stuff coming out of your insurance agent’s mouth Perils insured against…. What does that mean? Let’s […]
In general terms the liability portion of your homeowner’s policy makes two promises: 1. It pays for the damage you cause to other people’s property and for the injuries you may cause to others. For example, in the case of an auto policy, if you crash into someone else’s car the liability portion of your […]
When we look at what can be broadly classified as “towable” or non-motorized units there are all sorts of variety and nuances can that can be introduced. The long and short of it is that we do provide travel trailer insurance for all sorts units including conventional travel trailers, fifth wheels, toy haulers, and more. In most […]