Investors often join a local REIA (Real Estate Investment Association) to find new deals, learn how to buy and sell, comrade-re with other investors, loan solutions, and insurance solutions. Investing in real estate has many woes and learning how to dodge those woes and succeed is critical in the process of investing in real estate and making money in real estate.
Investors are often times juggling a job, family, while at the same time searching for, making offers, putting under-contract, selling contracts, closing on, renovating, leasing and selling homes. The process is not easy and the rewards are well earned. Surrounding oneself with experts at a REIA for attorneys, landlords, eviction specialists, and insurance agents can really help mitigate the cost of investing. Working with those that understand the Real Estate Investor's needs can expedite the investor's tasks and position the investor with expedited solutions.
Good News! We represent solutions for the Local REIA with Real Estate Investor solutions that are quick and specific to the investor's specific need.
My tenant burned my home! It is true. That is how I got into this business. Now, my insurance agency works to provide insurance solutions for Real Estate Investors and local REIAs.
Our "Flag Ship" real estate investor solution provides SPECIAL coverage that includes WATER, Vandalism, Theft, and REPLACEMENT cost or ACV coverage with a rate of .0038. Example: a home with 100,000 coverage would cost $380.00 plus 80 for liability and an optional 75 for water backup. Add all of that together plus a tax and you have the cost of the insurance. NO POLICY FEES! No minimum earned.. No mandate to pay in full. Monthly payment options.
Our vacant home\mobile home policy, or tenant occupied home\mobile home policy, or a renovation home\mobile home policy includes the following:
- Water related losses included
- Water backup/Sewer backup optional (75.00 added cost)
- Special coverage (Not DP1)
- the normal perils- Wind, Hail, Fire, Smoke, etc.
- mold is excluded
- loss assessments is included to 10,000
- (the list is long)
- No Additional Cost for Additional Insured
The above is included for VACANT homes, mobile homes, condos, manufactured homes, and more.
There are no age requirements, no required pictures, no inspections, and no lengthy applications to sign.
- We issue receipts and proof of insurance for your closing
- We can facilitate the mortgage billing process
- We are REIA insurance providers
- We understand - Trust ownership, 401k ownership, Subject to ownership, and more
- We manage your additional insured's at no additional cost- Property Manager, or others
- We manage the mortgagee
What information is needed to start coverage?
- Name of owner- Whose name is on the Deed?
- Address of the owner
- Desired Coverage
- Address of home to be insured
- Loss of rents desired?
- Water backup/Sewer backup desired?
- Mortgagee or Additional Insured to be added?
- A down payment of 1/12th of the policy price
Call us! 678-648-1900