A.P. Reid's Group Insurance Programs:
Special Programs - IPOANS Exclusive Programs
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Rental Properties
All Risk coverages vs. Specified Perils Coverages. This means that you get all the enhanced coverages that are available in your fire insurance package for one price. Watch for an upcoming issue of the Property Reporter. You can learn more detail about these important differences in coverages. Full Replacement Cost cover automatic. Unless you specifically desire actual cash value coverage. Basic deductible is $500.00, but you can increase this deductible to save money on your annual premiums.
We include basic Robbery and Holdup coverage free of charge. Enhanced crime coverages are available. Employee Dishonesty Bonds are available at a reasonable cost for your superintendents. Theft from the home of an employee is available. The building coverage automatically includes coverage against Vandalism and Malicious Acts, damage done during at attempted Burglary. Full glass breakage is available at an option for one low cost per unit.
We have several options available for Rental Income protection. We have a complete brochure prepared which will outline the options with full explanations and help you decide which is best for you and your properties. Boiler and Machinery is also available for those buildings with an exposure. We help you determine if there is a need for Boiler and Machinery Insurance.
Our policy expires each July 31. This means that your insurance is renewable and your premium payable at probably the most convenient time in the year. Your taxes are completed. The heating season is over and your busiest occupancy and re-occupancy months are over with. If you do not wish to settle your premiums on an annual basis.
If your insurance expiries anytime during the winter or spring months, you only have to pay the actual premium between your expiry date and July 31, then you pay your annual premium or arrange monthly premiums. No more large premium invoices in the winter!!
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