real estate insurance: Why a "commercial" is better than "personal" RE Insurance policy...
- 07/28/08 03:55 AM
Reasons A Commercial Insurance Policy Is Better than most Personal contracts for the Real Estate Investor... Many commercial forms will include coverages such as rental loss and additions and alterations coverage. To increase liability on a commercial form from the typical $300,000 to even $2,000,000 is minimal (around $50 per year for the entire contract---regardless of number of units) with most carriers The generic pollution exclusion found on most personal type contracts is addressed by some commercial policies to consider/cover pollution that emanates from a heating source (i.e. carbon monoxide). On a master (AKA "blanket") policy, as you … (2 comments)
Reasons A Commercial Insurance Policy Is Better than most Personal contracts for the Real Estate Investor... ;)
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