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Property Liability: Age Of The Home And Age Of The Roof

DID YOU KNOW THAT ROOFS CAN BE A MAJOR PROPERTY LIABILITY?

DID YOU ALSO KNOW THAT AGE OF THE HOME CAN EQUALLY BECOME A PROPERTY LIABILITY?

Did you know that your real estate investment might have a property liability before you even sign any paperwork?  The home's age, as well as the age of the roof can both become major property liabilities.

How Age Of The Home Can Become a Property Liability?

How old is your real estate property investment?   The reason why you need to know is because insurance rates WILL be affected by the age of the property, especially if it's an older property.  For example, if a property was built in the 2000’s and later, then you will see that you will have lower rates.  However, if your property is from the 50's, 60's, and even up until the 80's, you may find that you have high insurance rates.

The general rule is - the older the property, the higher your insurance rates will be!

How Age Of The Roof Can Also Become a Property Liability?

In addition,the age of the roof can also determine what kind of insurance rates you will see.  Again, the older the roof, the higher insurance rates you will get.  In fact, some roofs that are too old may not even be insured at all. A 40 year old roof, for example, may be too old to be insured.  Roofing materials also matter, as there is a preference for some type over others.

As a real estate investor, it is imperative that you look into all aspect of a property when seeking after property insurance.

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Insure Investors, Perfect For Multiple Property Investors

We've Made A Program JUST For Multiple Property Investors

Multiple Property Investors Now Have Access To The BEST Insurance Rates

Multiple Property Investors, you may be well aware how time consuming it can be to shop for the best rates possible. In addition, it can also be overwhelming to remember each policy due date, payment amount, and so forth.

However, it doesn’t necessarily have to be that way!  Benchmark Broker Insurance Group not only makes shopping for insurance rates easier, but we also have a program that is specifically for real estate investors -  Insure Investors.

How Insure Investors Helps Multiple Property Investors

Insure Investors offers a growing investor the ability to bundle all of their commercial properties into one commercial insurance property package.  Not only will this save you time, but it will also save you a bunch of money.

In addition, consider the following benefits:

  • One renewal date
  • One bill
  • One million in general liability per property
  • And more!

What Multiple Property Investors Need To Know

In short, this was a program made specifically for you.  It is essentially a one-stop insurance stop that is designed with you in mind.  To check it out, be sure to visit the Insure Investor website.  Our agents are ready to help you get started.