August 2011
1370 am
Ramey King Insurance Real Estate Newsletter

Greetings,

We are pleased to be sending you the latest issue of our Real Estate Newsletter.  

 

For a review of your apartment complexes or commercial Real Estate needs please contact me at your convenience.  


I am happy to help in any way I can, please feel free to give me a call.


Licensed Risk Manager
Certified Insurance Counselor  
940-382-9691 or 800-453-9691
Apartment Buyers Insurance Checklist:
1)  What is the Address of the Complex
2)  Number of Units
3)  Type of Construction
4)  Type of Roof
5)  Square Footage of Apartment Complex Buildings 
6)  Number of Pools and other Outdoor-Type of Items (Swingsets, etc)
7)  Year of Updates made to Roof, Plumbing, Electrical and A/C units (if
      any)
8)  Has any wiring been replaced or re-wired
9)  What type of wiring is in the complex
10) Have Boiler or Chiller units been replaced?
11) Has the Complex had any claims over the past 5 years?  (You will
     want to be aware of the claims history of the complex from the seller)
12) What percent of the Complex is occupied by Section 8, Student
      Housing or Seniors? 
13) Mortgage Company name and their insurance requirements

 

This is a short list of the basic items that we will discuss when you call for a quote.  There is no wrong answer to any question, as we have many carriers for any type of Complex.  If you do not have some of the information, we can help you.

 

For more details on this subject or for an overall review of your business, home, auto or health insurance program, contact Ramey King Insurance at 1-800-453-9691, visit www.rameyking.com or stop by.

For a list of what types of coverage
we offer Click Here

$25

We are offering a $25.00 gift card to anyone who sends us a referral for a quotation. Call us at 940-382-9691.

1370 am
Volume: 13
In This Issue
Apt Inusurance Checklist
Insurance Claim Steps
Join Our Mailing List

Steps to the Insurance Claim    

No matter how good you operate your business, every now and then something is going to happen, like potential insurance claim. Many times these events are no fault of yours. They may be an act of god, or the result of the action of a third party. But sometimes it is the fault of your business as well. Once something happens what are the next steps you should take.

 

1. First see to any emergency needs to alleviate or limit the claim or address injured parties. Try to minimalize any potential claim or further damage. Most of the time, your insurance may actually cover these costs.

2. Make contact with your insurance agent to discuss the details.   

3. If a claim is the fault of a third party, your insurance agent can help direct the claim to the other insurance company.  

   

To read the steps 4 - 12 please Click Here


FB Buttton

 

 510 North I35 E ~ Denton ~ TX ~ 76205

940-382-9691 ~ www.rameyking.com