Jason Dodge offers the following royalty-free article for you to publish online or in print. Feel free to use this article in your newsletter, website, ezine, blog, or forum. ----------- PUBLICATION GUIDELINES - You have permission to publish this article for free providing the "About the Author" box is included in its entirety. - Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity. - Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only. - If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links. - Please send a copy of the publication, or an email indicating the URL to [email protected] - Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article. ----------- Article Title: Reasons to Purchase Investment Property Insurance Author: Jason Dodge Category: Personal Finance, Real Estate, Mortgage Word Count: 503 Keywords: Investment Property Insurance, property Author's Email Address: [email protected] Article Source: http://www.articlemarketer.com ------------------ ARTICLE START ------------------
The reasons most buyers of selected properties purchase investment property insurance is to protect their investments. There is a multitude of catastrophes that can befall a property and these must be adequately protected from these occurrences. In the realm of buying an investment property, there in lays a few pitfalls that can totally ruin the unsuspecting buyers, or the just plain cheap ones as well. Now is not the time to pinch-pennies as it pertains to the survivorship of the financial well-being of the individual or company. Disasters happen, fires, earthquakes and hurricanes, to name just a few of the larger more well-known natural disasters, decimate millions if not billions of dollars worth of rented and owned properties each year. The reality of the requirement and not the wanting of investment property insurance are real and a present risk. The coverage's that are presented by the insurance agent when he comes a calling should be looked over with a fine toothed comb. The expense alone, that is required to be doled out each and every month or so, is comparable to the mortgages of some of the mid-range housing units on sale today in America. Investment property insurance has all to do with risk management and not much to do with the uncertainty of natural disasters. Natural disasters, although horrendous and terrifying when they hit land or destroy entire communities, are not constants. The investment property insurance policies can do nothing to either deflect those natural tragedies or protect the physical well-being of those impacted. When a storm, such as a hurricane, decimates a coastal community, it is not the investment property insurance that has protected the community; it is the indemnification of the said residential and commercial housing units that the policy will replace. Their will always be a risk-association with the housing units that are purchased with investment proceeds in mind. It is the role of the insurance agent who markets and sells the policies that are the integral part of the investment property insurance scenario. The policies that will be listed and defined in the contract outline what exactly will be covered and how much for, in an event of a loss. Natural disasters are the rarest of losses that are paid out for the investment property insurance policies. The number one loss risk factor is time. Time and the depreciation that totals in the billions of dollars in lost premiums, haunt the insurers that work in the filed of investment property insurance policies. The legal and ethical reasons for taking out the sometimes expensive policies for the investment properties are both realities and voluntary. There are minimum mandatory limits that must be met before any sale of an investment property is sealed. These laws are enacted to protect the buyer and the seller in the event of an emergency and the subsequent losses that arise from such natural or man-made disasters. Investment property insurance is a great idea and one that should be treated as important as the house itself. Jason Dodge has been investing in real estate since the early 90's. He specializes in getting money for investing and recommend the free training at http://www.InvestSteps.com ------------------ ARTICLE END ------------------ [Non-text portions of this message have been removed]
