The market for real estate insurance is in flux. Rates are skyrocketing while carriers are getting pickier about what they’ll insure, often refusing to write policies for certain situations altogether. If you own a property that’s near a wildfire area…or in Florida…or of a certain age…or isn’t sprinklered…or whatever…you may be struggling to get the insurance you need.
Complex Coverage Obstacles
Today the job of insuring your real estate holdings is like putting together a puzzle. You often need to work with a number of carriers to obtain all the needed coverages. Plus, because everything is in flux, come renewal time the job of piecing together coverage is likely to start all over again.