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Managing your properties to align with your commercial insurance vacancy clauses can mean the difference between an accepted claims payment and a decreased or denied claims payment.
#commercialrealestate#realestate#cre#realestateinvesting
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Why does your underwriter want to see your financial statements when considering your account? An organization’s financial bench strength is a critical factor in any underwriting decision. Insurers aim to insure the businesses with the fewest losses.
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Gross lease, triple net lease, double net lease, absolute net leases – how do these terms affect the leaseholder’s insurance obligations? Here’s a quick overview of the types of commercial real estate (CRE) lease agreements you may face.
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Is your commercial property at a greater flood risk than you think? If you’re relying solely on the Federal Emergency Management Agency (FEMA) flood maps, you may be at a significantly higher risk of flooding than FEMA predicts.
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Insuring hotels and motels, with various guests and late-night departures and arrivals, makes the asset class a challenge to manage and protect.
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CRE owners and managers face serious challenges. Responding to vacancies by rethinking use and ensuring the proper management and continued proper insuring of vacant properties can help CRE owners protect their financial investments. https://t.co/PEnlZeryI8
Commercial real estate (CRE) owners need personal and advertising injury coverage. Personal and advertising injury coverage is not only for larger, publicly traded companies.
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pure devestation wildfires cause pure devastation for CRE property owners. Electrical system shutdowns, setbacks, or losing an entire structure to flames. How can commercial property owners prepare for wildfires? https://t.co/2x0SXn9kSx
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The increased severity of recent wildfires have caused damage of roughly $90 billion in 2021 in Alaska, California, Oregon, Texas, and Utah. Commercial property owners must safeguard their assets against potential wildfires. https://t.co/icAAweiIB3
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Rapid scaling can cause a unique pain for real estate investors, a growing pain, per se. Here we share insights into this problem and ideas about stopping insurance growing pains. https://t.co/h8PsinVMUY
#commercial#realestateinvestor#business#investment#creinsurance
Among the many properties available for ownership, senior living and long-term care facilities are highly impacted by ever-changing factors. Let’s look at how insurers approach coverage. https://t.co/zc9vXWx7QT
#reinsurance#insurance#insurancebroker#trust#commitment
Real estate investors face many risks when renting property. Many of these exposures can be mitigated with a solid risk management plan including umbrella coverage (and a seasoned CRE insurance broker). https://t.co/i5eoYx2oyh
#cre#commercialproperty#realestateinvestor
By communicating the right things you present your insurance submission sufficiently to get the most competitive rates. This post reviews how to present your insurance submission to acquire the best policy for your needs quickly. https://t.co/NJOZSlFob0 #creinsurance
Commercial property owners often face ice, snow, and the threat of frozen pipes. These situations frequently snowball into costly liability issues. Let’s review ways to protect your commercial property.
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#riskmanagement#certainty#insurancebrokers
Commercial insurance brokers have more to offer than claim or policy renewal support. Let’s talk about getting the most out of the investor/broker relationship and how to make this beneficial to your tenants. https://t.co/TVwEDkALwH
#reinsurance#insurance#insurancebroker#trust