Do You Know The Harris County Insurance Rates?

If You Need Insurance Then You Need To Know Harris County Insurance Rates

Knowing The Harris County Insurance Rates Will Help You Get The Most Comparable Rates Possible

Are you a real estate investor looking into Harris County Insurance Rates?  Further, do you own multiple properties?  Here's what you need to know!

Harris County Insurance Rates

Whether you are buying homes outright, or buying houses specifically to flip, you must be aware of the recent Harris County Insurance Rates.   For Harris County specifically, real estate insurance rates are approximately 0.75c per $100 in coverage. Thus, if you have a property that is around $100,000, then you should expect to pay around $750 per year for coverage.

That would cover the entirety of the property.  If you were to add in general liability, one should expect to see around $100 more on top of the above-mentioned figures.  Again, this is what the expectation would be for real estate insurance coverage in Harris County.

Why Harris County Insurance Rates Matter

As showcased above, knowing the insurance rates in your county matter because, when you are shopping for insurance, you need to know if you are receiving a comparable rate or not.   As a real estate investor, your time and money matter, that's why it's essential.

Aren’t sure what rates would best fit with your needs?  Need to know what kind of liability coverage you might need?

Contact us to today!

Insurance Claims, Here’s What You Need To Know

Are You Having Trouble With Insurance Claims?

Filing Insurance Claims Are Necessary For Your Investment

Insurance claims can be a complicated process and, at times, that complexity can cause discrepancies, general confusion, or act as a time drain. Here's what you need to know about insurance claims.

What Insurance Claims Are For 

Insurance claims are essentially the way in which you make a formal request, as an insurance policy holder, regarding a policy event or to seek after loss coverage.  For example, if you are a real estate investor and your house suffers fire or flood damage, then you would need to make an insurance claim in order to get coverage for the damage.  Your agent would need to access the damage and determine if it would be covered under your policy.

What You Need To Know About Insurance Claims

Insurance shouldn't be scary!  That is the number one thing you need to know about insurance claims.  However it is also imperative  to first and foremost, know what kind of investor you are.  For example, if you own an auto garage , then you will need a different type of insurance than if you owned a restaurant.  The same would be true when it comes to niches within specific industries.  For instance, flipping houses as a real estate investor requires different insurance than does being a multifamily investor.

Aside from knowing what type of investor you are, you would also need to document everything.  It is good standard to keep documentation at all times, but it is especially important when it comes to insurance claims.  Having a conversation with your agent it also extremely important as well.

Avoid the headache, because we have a claims consulting process that is simple to understand and is just as effective.