Timothy Norris's (norrist) Blog

Insurance: The Necessary Evil...or is it?   As consumers, let alone real estate investors, we tend to flinch whenever the insurance bill arrives. Many times, for good reason: rates are higher, coverages seem to diminish, and for what? ...

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,...

I will do my best to clarify the timeless issue of how to properly insure a "subject to" property. The obvious dilemma with this situation is the "Due on Sale" (DOS) clause being invoked and the mortgage company calling the note. Though seemingly complex, some common sense rules-of-thumb usually ...

  Insurance is the one thing for which we pay that we never want to use.  However, in the event you need it, you certainly want to be properly protected.  The points presented here should hopefully allow you to grasp a few of the pertinent insurance issues for whatever your real estate endeavor m...