- Home Office Insurance
- Business Office Insurance
- Professional Liability
- Cyber Liability
- Flyer for Renters
- Consumer Flyer
- Help Getting More Clients
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 separately.
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.
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 appeal with a statewide reach.
Help Getting More Clients
- Attract landlords and income property owners by telling them that some insurance companies offer discounts when their property is professionally managed. Then work with DRickard Insurance to get them those discounts. (We are currently working with some insurance companies to create additional discounts for property managers who also handle the insurance for their landlords. Do you want in on this?)
Even if something is hard to insure, you can be a hero by passing our name on to your clients.
Simplicity is king when we can create standardized ways for handling your clients property and liability insurance needs.
Advice: Protect yourself by having your clients list you as additional insured on their liability coverage. If there current agent or company will not protect you, send your client to us. 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.