Insurance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on . Most recent reply
Letting insurance policy lapse to get better rate
Has anybody heard about letting home insurance on a rental unit lapse due to needing a new roof for example that wasn't completed on time - in order to get a better rate because the bank requires it and will buy it on behalf of the landlord at a discount and pass that payment on to the landlord, but at a cheaper rate than what the landlord could get.