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Real Estate Investor
Market Value Coverage
May 21, 2011 | 
Author We hear it all of the time: “I purchased the home for ____ and yet the agent REQUIRED coverage for its Replacement value. That’s too much coverage!” GET A VACANT HOME HOME NOW
Example: As an Investor the home was bought for $40,000.00 and the insurance company is mandating coverage for $200,000.00. What gives?
We have solutions to insure the home for its “Market Value”. If the home was just purchased for $40,000.00 then the market value is $40,000.00 minus the value of the land. $5,000.00 is the minimum coverage.
Investor solutions include individual policies for each home OR a single policy that can provide coverage from 10 homes or more. Vacant? Builders Risk? Tenant Occupied? Customized coverage for-
- Vandalism
- Theft
- Personal Property
- Loss of Rent
- Liability
The insurance can be customized to meet YOUR need! NO MANDATED coverage with optional coverage values.
Make an application for insurance today by clicking here or call us: 1-855-5Vacant or 1-85Landlord
Posted in Insurance, Real Estate Investor | 
Tags: Market Value Policy, Stated Value Home Insurance | 
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Fast Coverage
Purchasing homes from the court house steps? Call us prior to leaving the steps and we will have coverage issued IMMEDIATELY. Coverage can be bound over the phone. Many times, we have the information on your home via FMLS and local tax records. Our ability to pull the info on the home being purchased keeps your process of obtaining coverage EASIER and FAST.
Payments can be made via Visa, MasterCard over the phone and a binder can on your blackberry prior to your departing the courthouse steps.
Coverage can provide insurance for the Vacancy and the renovations (builders risk). More importantly, when you are ready to convert the policy to a landlord policy or homeowner policy, we can do the conversion and refund a majority of the Vacant Home policy premium.
Call us or e-mail us prior to going to the court house and the policy will be ready when you are.
1-877-MattLocke or 678-682-9700
Posted in Builders Risk, Court House, Coverage, Flip, fmls, Georgia Agency, Georgia Agent, homeowner, Insurance, landlord, Real Estate Investor, Vacant | No Comments »
About Us
Posted in Builders Risk, Coverage, Divorce, Estate Owned, Flip, Georgia Agency, Georgia Agent, Insurance, Listed home, Marriage, Policy, Real Estate Investor, Relocation, Renting, Vacant | No Comments »