If You Have A Large Commercial Portfolio, Then You Are Going To Need The Best Insurance Rates Possible
Package Portfolio Insurance May Be Necessary If You Have Multiple Properties
A Package insurance portfolio is an ideal choice for real estate investors.
If you are a commercial real estate investor, then it is likely that you have multiple properties in your portfolio, or are highly considering it. After all, the more investment properties, the more revenue you can potentially generate. However, seeking after insurance for each property can often become a time drain. This is one way to help:
What Is a Package Insurance Portfolio?
A package portfolio essentially consolidates your insurance for each property into one single policy. This is extremely helpful because it not only allows you to focus on what really matters - investing, but it also has additional benefits, such as larger claim amounts and the ability to pay only once a month.
What To Consider When Obtaining a Package Insurance Portfolio
First and foremost, you need to consider the best insurance company for real estate investors; not only their rates, but what kind of questions their insurance agents ask and what kind of deals they can get you.
For instance, when it comes to real property insurance, consider how big your investment portfolio is. Do you have multiple entities? Do you have separate policies for each property? This matters because you can consolidate entities into one policy, which then gives you better coverage and offers a lower premium.
Your ultimate goal is to find an aggressive insurance agent that understands real property.