- Home Office Insurance
- Business Office Insurance
- Professional Liability
- Cyber Liability
- Close More Deals
- Consumer Flyer
- Property Managers
Do you have our black and orange flyer? Home Office Insurance
Just about every Real Estate Professional we know has some version of an office in their home. Most of those are not adequately insured unless a special rider has been added to the homeowners insurance or a home based business policy is purchased seperately.
Unless your homeowner policy has a specific endorsement or you have a home business stand alone policy you are not likely to be covered for your business property and liability exposures. Why do we say this? Because the property coverage limit for business property you own in the same name that your homeowner's policy is written in is limited to only $500! There is also no coverage for your liability issues. What is more, if your business is owned by an LLC or other entity the business property is not covered at all!
What are you solutions and how much do they cost? Well, in the case you simply have a few thousand dollars of business property in your home but do not have any business traffic coming there your solution may be in the $25 per year ball park. Other solutions often start around $150 annually depending on insurer. Contact us at 607-843-8860 or insurance@drickardinsurance.com for customized solutions.
Business Office Insurance
Starting at $250 annually from many insurers an office insurance policy can cover your office equipment and supplies as well as premises liability coverage. On top of this basic insurance package you can add building coverage.
Cyber liability and crime coverage and professional liability are very important optional parts of your total insurance package.
Professional Liability
As with most of the products we offer we have found several sources for Real Estate Agent Errors and Omissions Insurance or malpractice insurance.
Cyber Liability
You collect personal non-public information, bank information from customers, and use a variety electronic media to store and transmit information. You have a serious exposure to cybercrime issues. Contact us for solutions and look at our Cyber Liability Insurance information pages.
Close more deals with hard-to-find insurance products.*
Why call DRickard Insurance?
- Many coverage options.
- Many insurers to choose from.
- Hard to insure properties considered.
- Standardized systems for handling unique properties.
- Accessibility to technologies and forms that make doing business easier.
- Small town office appeal with statewide reach.
Here is a selection of some products we offer:
Income Properties
Types of Properties Covered:
- 1 – 4 Family Homes
- Student Housing
- Affordable Housing
- Senior Housing
- Market Rate Apartments
- Community Associations
- Mixed Occupancies
- Commercial Occupancy
- Industrial Occupancy
- Retail Occupancy
- Vacant Property
Available Coverage Options:
- Low Actual Cash Value Limits
- High Replacement Cost Value Limits
- Market Valuation Building Limits
- High limits of liability
- Special Policy Enhancements
Savings Options:
- Higher Deductibles
Renovation Projects Insurance
What Qualifies:
- Incomplete Construction Projects
- Fire, Flood, Wind and other Damaged
- Properties in disrepair or disused
- To be flipped, owner or tenant occupied
Coverage is based on the completed cost of the project including cost or market value of the property at the start, plus the value of the labor, plus the cost of the materials.
One touch simplicity for a complicated product.
Builders Risk Insurance
An insurance product written for the value of the completed project written with a discount that must be purchased before construction begins.
Prefabricated Structures Insurance
Higher Coverage amounts make lenders happy.
Replacement Cost Settlement Option on nearly any age home.
Stick Built Replacement Cost Settlement Option on Doublewides on a complete slab.
Stick Built Replacement Cost Settlement Option on Modular Home with perimeter foundation.
Hard-To-Insure Properties
- Dogs
- Horses
- Old nasty buildings
- Vacancy
- Properties or owners with losses
- Properties over 5 miles from a fire station
- Child Daycare
- Restaurants
*NYS Licensed Insurance Brokers who are contracted with DRickard Insurance may qualify for a finder’s fee. Contact DRickard insurance for details.