Risk Management

Mitigating Loss with Smart Home Technology

Be Proactive and Avoid Costly Claims by Jason Jones As a property owner, you are likely familiar with the benefits of smart home technology. But beyond the convenience of remote controls and automation, these systems can also play a critical role in mitigating loss at your investment properties. The right technology can help you avoid costly incidents that could otherwise lead to major repairs or liability claims. Smart Water Leak

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Navigating the Evolving Insurance Landscape

A Guide for Real Estate Investors in 2024 By Jason Jones Property owners across the country are grappling with the aftermath of another intense year for the insurance market. Extreme weather events and large-scale natural disasters have caused the insurance landscape to evolve significantly over the last few years. But what does that mean for real estate investors? Let’s start with a look back at a few of 2023’s most

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Insurance Coverages for Fix & Flip Properties

What Real Estate Investors Must Understand By Shawn Woedl Whether you are new to property flipping or a seasoned veteran, renovating a home to sell for profit comes with a unique set of risks. One of the most crucial aspects of protecting yourself and your business is insurance. The following coverages serve as the foundation for insuring any renovation property. Dwelling Coverage Dwelling coverage protects against sudden and accidental physical

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What Every Real Estate Investor Should Know About Insurance Claims

The Do’s, the Don’ts, and the Double-Checks By Shawn Woedl Experiencing a loss at one of your properties can be overwhelming, and dealing with insurance claims can be a complex process. By familiarizing yourself with the ins and outs of insurance claims before a loss occurs, you can proactively protect your business while minimizing potential setbacks. This general outline of do’s and don’ts can save you time, money, and potential

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Getting Ahead of the Storm

Property Management Pre- and Post-Disaster By Nickalene Badalamenti-Kalas Weather extremes and severe storm events are occurring more frequently across the United States and around the world. These events have not only caused significant damage to properties but also impacted new regions that are not fully prepared to confront them. The increasing occurrence and intensity of natural disasters calls for proactive measures to mitigate potential property damage and expedite recovery efforts.

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The Factors Driving Rental Property Insurance Underwriting Decisions

Creative Solutions are Needed to Serve Real Estate Investors By Scott Phillips It seems you cannot go a day without hearing about the ongoing economic inflation that has been ushered in on the heels of the global pandemic. There seems to be no aspect of life unaffected by inflation, including rental property insurance. But why? What are the factors that are truly driving rental property insurance underwriting decisions? Hopefully, the

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