Many traditional insurance policies on residential properties have tricky vacancy requirements. Some policies require you to notify the insurance company every time the home is occupied, while others require you to notify the insurance company when the property is vacant. Many times, the requirements can be confusing, and cumbersome.
At REI Choice Insurance, we know that your investment properties will change in occupancy statuses frequently. We want you to be able to focus on your business, not reporting to us. Our standard real estate investor insurance programs do not require you to report the status of occupancy. If your investment property is vacant, you are still covered under the same program as if it were occupied.
Creating these types of products is the entire reason we created REI Choice Insurance. Real Estate Investors needs are different than normal home owners. That’s why not having an occupancy or vacancy clause is just one of the real estate investor specific features that make our programs the right choice for real estate investors of all portfolio sizes and experience levels.
If you need insurance, all you have to do is access our online portal. You’ll have insurance in less than 10 minutes! If you have a more custom need, we can create a master policy for you. If you need any other help, please feel free to reach out to us.
These real estate investor insurance policies include builders risk, and you only pay for what you use!
[…] our insurance policies specifically designed for real estate investors, vacancy is not an issue and you only pay for what you […]