All Forum Posts by: Tony Wilcox

If the homes are in PA, you should have numerous options for carriers depending on the type of coverage you want and condition of the property. Shoot me a msg and we can go over some scenarios if you would like

It depends which state you are in. I will say Travelers is not really wanting any new business right now. They also are wanting multiple lines and not rental dwellings only. They are also being VERY picky on what they do actually accept. 

There are still some other options out there for that area that I am familiar with. Also, it can depend on the type of coverage you are wanting. Feel free to message me and I would love to help out.

Yes, similar to above.. If you only repair you technically still have a 17 year old roof. Also next claim you try and file on the roof will be denied as they expected you to put on a new roof. 

If I remember correctly, Hurricane Ian wiped out all earned premium for the state back to Andrew. And Andrew wiped out all earned premium for the history of time

Amber,

It would be best partner with a licensed agent on this. It is not unusual for a PM to have someone they work closely with as a reference for them and clients. 

Does it need to be replacement cost, or can it be actual cash value? And by older do you mean like 15 years or 25?

For a home with reasonable age to roof and other utilities a price around $100/month is pretty standard I would say. If they are both insured at full replacement cost $900/year is a great price, and $1,400 might be a smidge higher than usual but not far off. Of course, I don't know all the details on it, but that is the only one that somewhat stood out to me. Mind me asking what you think would be reasonable?

The landlord is already insuring the property under the primary insurance. Not sure why you would need to be listed on the PM's general liability policy. 

I know on the insurance side having student rentals makes things harder and is more expensive. My sister has a rental there from when she went to Purdue and hasn’t had any problems. It’s not student rental.