What To Look For When Choosing An Insurance Rating
Know insurance ratings are important, but I don’t quite understand what I should be looking for. Can you help? As an industry standard, the A.M. Best Ratings are the benchmark for evaluating and comparing insurance companies. Directly from their website, www.ambest.com, “A Best’s Financial Strength Rating is an independent opinion of an insurer’s financial strength […]
How will an insurance policy differ between a standard apartment building versus a mixed-use apartment building?
A commercial property insurance program provides a minimum of property and liability coverage. In some cases other lines of coverage may apply. For example, workers comp, commercial auto, inland marine, directors and officers and even employers practice liability. When underwriting any type of investment property we look at the overall use or risk profile […]
Risk Management Strategies: Earthquake Insurance
As an investment property owner in the bay area, you are faced with many challenges in managing your business and keeping a healthy bottom line. With fluctuating market valuations, interest rates, rental rates and expenses a property owner must really consider their long term investment strategy and disaster recovery plan to maintain a healthy business. […]
Risk Cycles Of Real Estate
When you think of the cycles of real estate, most think in terms of its fluctuating market value. However, in evaluating the risk cycle of real estate, we are referring to changes in the asset itself from vacant land, through development and to a demolition or remodel project. As the asset changes in use and […]
SFAA Umbrella Quest
A common question we receive: “Is an umbrella policy adequate protection from lawsuits? Or, should there be additional limited partnership entities existing? Our real-estate assets are in a living trust.” In order to answer this question, we need to first understand what an umbrella policy is and how it works. An umbrella policy is also […]
