Posts Tagged ‘Actual Cash Value’
UNDERINSURANCE – A FINANCIAL RIP CURRENT
Discover the costly consequence of an underinsured homeowner policy. Learn what homeowners need to know about adequate property insurance limits. Underinsurance. One word that seems self-explanatory, but in fact, is woefully misunderstood. So much so that some homeowners believe their property limit should reflect market value, rather than the cost to repair and/or replace. An…
Read MoreI’m Bullish on Ohio
Discover statistics worth consideration by Ohio investment property owners. Read a few highlights about Ohio that are favorable for investment property owners. Cleveland, Ohio is home to me. Sure, it gets old rooting for the Browns, dodging potholes, and navigating ice and snow. Those are minor downsides compared to the upsides. While I’m no “expert”,…
Read MoreTake the Money and Run
No, not the 1976 song by the Steve Miller Band but the money after a loss on your apartment building. A couple of weeks ago, one of my customers referred his brother-in-law to me for a quote. The brother-in-law was purchasing his first income property, a single-family dwelling in a Cleveland suburb. I gathered the…
Read MoreCar Value and Full Coverage
When we review clients’ auto policy renewals, if their vehicle is around 10 years old, we often suggest that they think about whether they still want to carry “full” coverage (or what we refer to as including Comprehensive and Collision along with their required liability coverage). The auto policy will cover repairs to your car…
Read MoreCar Value and Full Coverage
When we review clients’ auto policy renewals, if their vehicle is around 10 years old, we often suggest that they think about whether they still want to carry “full” coverage (or what we refer to as including Comprehensive and Collision along with their required liability coverage). The auto policy will cover repairs to your car…
Read MoreWhat Property Insurance Options Do I Have For My Church?
Reminiscing on when we drove through the countryside, we could not help but to enjoy the different scenery — some plain and some really interesting. Some of the most diverse buildings I think you will find are the Churches. Some are simple and plain while others are very stately built with stone, and can be…
Read MoreActual Cash Value (ACV) vs. Replacement Cost Insurance
Small and medium size business (SMB) owners have a multitude of responsibilities and concerns with running their own business. I understand your concerns because I own a business too. And if you own the commercial property your business is in you have (at least) two businesses to worry about. One of the most important decisions…
Read MoreIs Investment Property for You?
Investment property can serve as an income source and asset builder. Your resources, experience, goals, and tolerance for risk are deciding factors in the type and scale of investment you might make. Financial commitment is a given. Whatever money you put into the investment is at risk. Be aware you can lose it all if…
Read MoreIs Investment Property For You?
Investment property can serve as an income source and asset builder. Your resources, experience, goals, and tolerance for risk are deciding factors in the type and scale of investment you might make. Financial commitment is a given. Whatever money you put in to the investment is at risk. Be aware you can lose it all…
Read MoreWhat Property Insurance Options Do I Have For My Church?
As we drive through the countryside we cannot help but to enjoy the different scenery some plain and some really interesting. Some of the most diverse buildings I think you will find are Churches. Some are simple and plain while others are very stately built with stone, and can be very ornate. I was recently…
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