Price and Terms….

Insurance premiums are one of the most expensive costs commercial and multifamily owners and management companies must deal with.  Naturally, investors want the best price and coverage when it comes to their policy.  Like anything else, it all comes down to price and terms.  We’ve found that the less a policy costs, the more diluted coverage and terms can be.   Arbitration clauses, depreciation schedules, appraisal language, business interruption, civil authority and other policy language can make a big difference in a policyholder’s ability to recover after a loss.

Insurance Brokers refer us to their clients because they trust our firm’s experience for settling insurance claims fairly and promptly.   When a claim arises, sometimes insurance brokers find themselves in a dilemma.  You want to retain the client for renewal but you also know that if a claim isn’t handled properly or prolonged for a lengthy period of time, that can create issues on the renewal.   Claim disputes, unnecessary litigation and appraisals can age a loss run history report that ultimately impacts renewals negatively.  We get it!  Don’t wait for insurance claim problems to arise, send us your problem files and we will get it settled!

Real Estate Brokers send us commercial and multifamily property assets they are representing the purchase or sale as a part of their due diligence to make sure their next deal doesn’t get derailed due to undetected property damage before earnest money is hard, loan applications are paid and inspection reports are ordered.  As a retired commercial real estate broker, we know when and how to ensure your transaction doesn’t have an insurance claim surprise that kills your deal.