Investor/REO Rental –

Property & Liability insurance for residential rental properties

    • Residential rental properties owned or managed by financial institutions, property investors, REITs and other real estate capital companies are eligible

    • 20+ insurable residential rental properties to qualify

    • Investor/owner eligibility requirements

    • Special form property coverage

    • Replacement cost basis valuation available

    • Coinsurance clause applies

    • High property limits; sub-limits for loss of rents and personal propert

    • Liability coverage including personal and advertising injury, fire damage legal liability and medical expense

    • Easy to use reporting system with immediate coverage – no individual property underwriting

    • Evidence of insurance with investor name

      Property Perils include but are not limited

    • Loss of rents for 12 months

    • Fire, smoke, lightening, explosion

    • Windstorm or hail (varied deductible options)

    • Theft, vandalism and malicious mischief

    • Glass breakage, falling objects

    • Weight of ice, snow or sleet

    • $5,000 in debris removal

    • $100,000 building ordinance/law A,B & C

    • $100,000 reverse flow of sewers/drains

    • Direct loss or damage to apartments from mechanical breakdown or electrical related failure (exclusions apply)

 
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