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Insurance as it pertains to an asset’s NOI is considered a fixed cost. There are hundreds of options available and if you haven’t reviewed your insurance coverage for your investment properties, perhaps now would be a great time to do so. As we settle into a market that demands scrutiny of every cost, please consider that your insurance premiums may not be appropriate anymore, especially if you haven’t reviewed your policies in more than a year.

Part of my referral network is Paul Tradelius, owner and founder of Commercial Coverage. Paul can be reached at 415-436-9800 or PJTrade@comcov.com . Paul or one of his staff can review your present coverage for Property, General Liability and/or Umbrella coverages. My suspicion: there is cash flow/value in your property that is being overlooked.

Your feedback and comments are always appreciated. Please contact me at Pete@ConsultPete.com or 925-719-3569. Many thanks to my listeners and readers for providing feedback. To learn more about my background, visit Consult Pete. To learn more about my company strategy, visit Commercial MasterMinds.