InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Codes 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 60+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: insurance for vacant properties. Posted by g.castro on July 07, 2003 at 8:03 AM In Reply to: insurance for vacant properties. posted by bob on July 05, 2003 at 8:53 PM Try this insurance providers: Mary Ducnken, Coldwel Insurance 909-884-3208, or 909-889-0295 Blair Velving, 909-684-3500 Talbet Inra 909-788-8500 : Looking for source of insurance. Note: House is vacant and being held for re-sale (apprx. 6 month ownership period), title is vested in a LLC. : I have seen posts from well meaning individuals that suggest to use a typical insurance agent however I understand that if there is a claim and it is determined the home is vacant or no longer in an actual persons name, the claim will be denied. I have also found that typical insurance companies will cancel policy when a home becomes vacant and they discover as much during the course of their routine inspections, especially if it happens repeatily. : Does anyone know of an insurance agency that writes the type of policy that would be needed by an investment entity that has an inventory of vacant homes. We work the So Cal markets. We have been using LLoyds of London, however the rates are very high in our opinion, especially on higher priced properties. Thank you. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Try this insurance providers: : Mary Ducnken, Coldwel Insurance 909-884-3208, or 909-889-0295 : Blair Velving, 909-684-3500 : Talbet Inra 909-788-8500 : : : Looking for source of insurance. Note: House is vacant and being held for re-sale (apprx. 6 month ownership period), title is vested in a LLC. : : I have seen posts from well meaning individuals that suggest to use a typical insurance agent however I understand that if there is a claim and it is determined the home is vacant or no longer in an actual persons name, the claim will be denied. I have also found that typical insurance companies will cancel policy when a home becomes vacant and they discover as much during the course of their routine inspections, especially if it happens repeatily. : : Does anyone know of an insurance agency that writes the type of policy that would be needed by an investment entity that has an inventory of vacant homes. We work the So Cal markets. We have been using LLoyds of London, however the rates are very high in our opinion, especially on higher priced properties. Thank you. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.

Copyright © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455