 Property insurance (by Dee -Tx [TX]) Mar 1, 2013 9:33 AM
 Property insurance (by Txmike [TX]) Mar 1, 2013 9:57 AM
Property insurance (by J [IN]) Mar 1, 2013 1:22 PM
Property insurance (by 574-Brad [IN]) Mar 1, 2013 9:11 PM
Property insurance (by MikeA [TX]) Mar 2, 2013 8:48 AM
Property insurance (by MikeA [TX]) Mar 2, 2013 8:50 AM
Property insurance (by Dee-Tx [TX]) Mar 2, 2013 3:55 PM
Property insurance (by Bill [TX]) Mar 2, 2013 4:03 PM
Property insurance (by Dee -Tx [TX]) Posted on: Mar 1, 2013 9:33 AM
Message:
State Specific Question About: TEXAS (TX)
What are you all doing about insurance coverage for your rentals. I have SFH's and the coverage just keeps going up without me having claims.
They inspect and come back with peeling paint on shed...they expect me to repaint the shed.. I have all properties in a large group policy but it's a nightmare of them always telling me one more thing they want repaired or they will go up on the premium or cancel my insurance.
Better ideas?
--75.23.xxx.xxx |
Property insurance (by Txmike [TX]) Posted on: Mar 1, 2013 9:57 AM
Message:
About all I can get now is texas fair plan. Fire policy's, ACV. I can't complain about the cost or the excellent way they pay claims. I have had many hail claims and only one fire claim. I always came out good with them. Of course I act as my own contractor. My average cost per house is around 425 per year for around 80 in coverage. These are brick houses on slabs. Frame houses are higher. --66.169.xxx.xxx |
Property insurance (by J [IN]) Posted on: Mar 1, 2013 1:22 PM
Message:
Try National Real Estate Insurance Group. They were vendors at the last Mr Landlord event and are on the REIA site. --67.236.xxx.xxx |
Property insurance (by 574-Brad [IN]) Posted on: Mar 1, 2013 9:11 PM
Message:
My insurance company was pulling the same crap. It was always with new properties though. Piece of siding missing, a couple bad roof shingles, piece of soffit falling, bad roof, flat roof. Something stupid or a repair to nitpick at. They didn't want to insure them until AFTER I bought them and fixed the issue, even though in the past when the nitpicked at stuff they always gave me 30 days to fix the issue which I ALWAYS did and they reinspected to confirm.
The last straw was when I called them to get insurance on three properties I was buying. The adjuster did a drive-by on them and saw one of the tenants had a rotweiler, which they woulnd't allow. I told them, hey, we'll do the same thing in the past, I'll have the dog gone and the soffit fixed within 30 days, just like I always have in the past. But that wasn't good enough, it had to be gone and fixed before closing. I told them to get lost and switched all my properties to another company. --67.236.xxx.xx |
Property insurance (by MikeA [TX]) Posted on: Mar 2, 2013 8:48 AM
Message:
Try Upshaw, they have an office in Amarillo and Richardson(near Dallas). They have been great to me. --107.202.xxx.xxx |
Property insurance (by MikeA [TX]) Posted on: Mar 2, 2013 8:50 AM
Message:
I should say, I will not find out how much they are going up until May. Rates stayed basically the same last 2 years. --107.202.xxx.xxx |
Property insurance (by Dee-Tx [TX]) Posted on: Mar 2, 2013 3:55 PM
Message:
Thanks to all.
Mike..did you just call them? Do you deal with an agent?
Bad..that's how I feel now. I pay all the premiums, take care of my properties and have only filed a claim once...now they are wanting me to build each place piece by piece.
J...thanks for the tip on National insurance group.
TxMike...is this agent type of insurance? I read its through the government?
Anyone you know use them?
Thanks to all --75.23.xxx.xxx |
Property insurance (by Bill [TX]) Posted on: Mar 2, 2013 4:03 PM
Message:
Dee,
I have had most of my insurance with American Property 7 Casualty (ANPAC). They have never nitpicked me, and have been competitive on price.
Bill [TX]
--71.158.xxx.xxx |
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