Some carriers will cover over flow on the standard policy but you will need to add sewer and drain back up as an a-la-carte coverage.Example: Backed up clogged toilet = over flowA high water event in the city causing the drains to back up into your basement = reverse flowConfusing?

., I think the way your going about it does more harm then good. 

You’re spot on—the market is no longer about "buying NYC" generally, but about navigating specific asset sizes.Crossing the 10-unit mark (total ownership across NY State) is the major tripwire for Good Cause Eviction laws.

It is the insured's job to prove that their damage was caused by one of these named perils.

So I have a co-living insurance policy at replacement cost with rental loss coverage - Steadily only works when its 4 bedrooms or less and they really don't want it (usually causes non-renewals).

The ARV/appraised value came out lower than expected thereby causing greater funds to be stuck in the deal provided you have the funds. 2.

I've seen this cause problems for second mortgage holders because this can cause problems with the marketability of the property at foreclosure sale.Again, I'm not a Virginia attorney (nor is this legal advice) and in order to understand the ins and outs of the Virginia foreclosure process, it would be worth speaking to a Virginia attorney.

Insurance company doesn't require it but  our fear is someone getting hurt or causing damage and we have no evidence of the event.

If you can point to actual staff time, marketing expenses, and overhead caused by an early termination, it’s much easier to defend a flat re-letting fee even if the unit gets re-rented quickly.When tenants disappear or simply stop paying, the bigger issue is whether chasing them through the courts is worth the time and money.

Any area not 100% sealed will let the cold air in and cause problems.