
INVESTMENT PROPERTIES WITH ISSUES
WE CAN HELP
NOT ALL PROPERTIES ARE GOING TO FIT
Not all Real Estate investor properties are acceptable to standard insurance companies
Insurance companies have underwriting guidelines and based on previous claim experience they determine which properties they will accept
Here are some common issues on rental properties
- Flat roof
- Aluminum wiring
- Galvanized plumbing
- Asbestos siding
- Window units
- Bars on the windows
- No prior insurance over 30 days
- Vacant
- Short Term Rental
- Property over 75 years old
- Renovation needed
- Roof replacement needed
- Polybutylene plumbing
Our new Rental Advantage program will accept these type of properties when most insurance companies will cancel the policy after the inspection
Insurance coverage for distressed high risk properties is now available and we can provide monthly billing so only buy what you need
You can buy a policy based on “investor investment” not the usual $100 per square foot replacement cost requirement
If you get a great deal on a rental property and you purchased the property for less than the cost to rebuild you can buy insurance as low as $70/sq ft and still get replacement cost
The coverage is not on a basic form like most policies
You get special form coverage which includes
- Theft
- Vandalism
- Loss of Rental income
- Tenant Dog liability
- Premises liability lawsuit protection
- Replacement Cost
You also have the option to add all your properties on one policy
- 1 to 20 unit family properties
- Vacant
- Renovation
- Tenant occupied
- Short term rental
- Condo
- Apartment
Complete the quick form or give us a call and we can quote a new property in less than a minute
Same day purchase and monthly automatic billing to your credit card or checking account
Office
201 Evans Rd Ste 301
New Orleans La 70123
Hours
Mon-Fri: 9am – 5pm
Sat: Text and Email
Sun: Text and Email
contact@fmagencygroup.com
service@fmagencygroup.com
tim@fmagencygroup.com
Phone
La: 504-348-3131
Al: 251-325-3987
Ms: 228-395-8599