Insurance is a must for any type of property. It gains more prominence for landlords. Generally, landlords own a sizable property that they either rent out or give on lease. Protecting the property against any kind of risks such as untimely rent, accidental fire, theft or … can help protect your interests. Risking a sizable amount of property is an unwise decision. Taking appropriate measures to protect your property will save you from the risk of losing it.

You can choose from a wide range of insurance options. You could even look online to get the best quotes on insurance for landlords. This is an easy and convenient way to look for insurance. It is just a click away. It is an insurance policy that protects the investment made by the landlord. Any losses that may result due to a lawsuit or failure to pay rent on time may lead you in financial pitfall. To overcome the situation, you could buy a policy that will cover the losses.

Unexpected events and climatic conditions can pose a threat to your property. A cover, covering various eventualities such as flood, earthquake, loss assessment, vandalism, and business property can protect your interests. Building insurance is another type of cover that will protect the building that you might have rented or lent on lease. You can also get buy to let, and rented property insurance on building. Depending on your preference and choice, you can get a suitable cover.

Landlords must ensure they keep their interests protected by opting for a suitable cover. Besides, the natural calamities, you could also face the risk of being sued for negligence by those who reside in their homes. The only way to overcome such risk is by opting for a cover. Seeking advice from insurance advisers will help get a suitable cover that suits your business.

Appropriate coverage for the building will cover damages that include damages caused by fire, smoke, wind, lightning, explosion, fire department charges, emergency removal of property, damage from vehicle, damage from an aircraft, and riot or civil commotion. The cover must ideally provide coverage against risks that you are most likely to be exposed to. There are numerous benefits of a cover.

Some property owners are of the opinion that a cover may cost a huge amount. However, the fact is a property owner can get a cover at a reasonable price. You could also do some research online on various covers available. You can also compare the features and choose one that best suits your interests.

Coverage for damage caused by trees and for the trees themselves is one of many confusing areas of a Homeowners insurance policy.

Your neighbors’ tree falls and damages your garage, shed and fence.
Will insurance pay for the damage?
Whose insurance should pay?
What will they pay for?

A tree falls in your yard.
Will your insurance policy pay for it to be removed?
Will it pay for a new tree?

A tree limb breaks from wind or a lightning storm and is dangling over your house.
Will your insurance policy pay for it to be removed?
What if it’s hanging over a neighbor’s house?

A tree falls on your car.
What policy will cover the damage to my car?
Is there coverage for the tree removal?

First, the basics; it does not matter whose tree it was. If there is damage to your property (from anyone’s tree) your insurance policy is the one to respond. If there is damage from your tree to a neighbor’s property, their insurance policy is involved. If there is damage to both properties (from anyone’s tree) both policies will be involved and each will deal with its own property only.

The only time a Homeowners insurance policy should be involved with damage to someone else’s property is if there is liability involved. That is if the tree was rotten or leaning and should have been removed or trimmed prior to the damage occurring. Even then the damaged properties insurance policy will generally pay for their customer’s damage and then try to recover their money from the tree owners’ insurance company.

Second, the important consideration for coverage is; what is physically damaged. If a tree, or portion of a tree, falls and does not damage any real property there is no coverage. Real property is any building, structure or contents item it does not include land, landscaping or plants of any kind. A fence, shed, patio, driveway, swing set or bicycle would count as real property.

If a tree falls into your yard and does not cause any damage to the home or any other real property then there is no coverage to remove the tree or for any cleanup. Sorry!

If there is damage to anything such as a fence then the policy should cover repairs or replacement of the damaged item(s) and also limited coverage for removal of the tree. To make this even more confusing; the tree removal coverage is divided in 2 phases.

Phase 1: Getting the tree removed off of the real property is covered with no sub-limit. That is if a tree is on a storage shed then the first stage of tree removal is to remove it off the shed so repairs can be made. The only limit for this part of the removal is the coverage limit on this section of your policy; in this case the Other Structures coverage.

If the repairs to the shed and the tree removal combined are greater than the coverage available then there is an additional coverage available for debris removal. This is 5% in most cases, so if you have $10,000 coverage on Other Structures you can have up to $10,500 for the repairs and tree removal cost.

Phase 2: The second stage of tree removal is removing the tree debris off the premises. This portion is limited to $500 or $1,000, this limit can vary by insurance company, policy type and state involved.

Third, the tree itself is covered in certain limited circumstances and for a limited amount only. The tree is not covered for wind or hail damage but is covered for damage from fire, lightning, explosion, vandalism and vehicle damage (as long as it was not a vehicle driven by members of your family). The limit is typically $500 per tree but can be more on some policies and in some states.

Fourth, If a damaged tree is leaning toward your home or dangling precipitously over your home what is covered? Assuming that portion of the tree has not damaged real property then there is NO coverage. Even if another tree or portion of the same tree has caused damage.

It is your responsibility to protect your property. The insurance policy only covers damage, NOT potential damage. The same is true if one of your trees is dangling over someone else’s property, no coverage for potential damage.

If you ignore the situation and the tree later falls and causes damage to the neighbor’s home their insurance will cover their damage. They will then want to recover their money from your insurance company, or you. This is called subrogation.

If the later damage occurs to your home your insurance company could try to deny coverage because you did not protect the property.

The Homeowners insurance policy covers sudden and accidental damage it is not a maintenance policy.

Finally, damage to any automobile will only be covered on the auto policy (then only if you have Comprehensive coverage). The tree removal will not be covered by your Homeowners policy unless other real property was damaged.

See our websites mentioned below for more information. You can send direct questions or read what other homeowners have asked.

A real estate contracting company handles duties that range from lawn care, to rehabbing and building, and everything in between. A popular sub-category of real estate contractors has fast become the foreclosure cleanup business.

A foreclosure cleanup company performs tasks such as general cleaning, changing locks, and boarding up windows and doors of vacant and abandoned homes to keep vagrants from entering. They also handle lawn care and regular yard maintenance of properties in pre-foreclosure, or that have been foreclosed upon, to minor repairs, interior and sometimes exterior painting, winterization of homes, interior trash outs, debris removal, and more.

Landing Work Orders for Your Foreclosure Cleanup Company

As a foreclosure cleaning company, there are several ways to find jobs, or “work orders” for your company. The primary gold mine in foreclosure cleanup work lies in contacting larger companies who have the jobs to outsource. One of the most effective ways to initiate contact with a larger company outsourcing work is directly, often via online vendor applications.

However, many larger property preservation companies are increasingly advertising online. They are soliciting help for both salaried, corporate positions, as well for lucrative frontline, trash-out and cleanup jobs.

Online Job Boards

Online job boards are fertile outlets for foreclosure cleanup work, if you know how to search for the plethora of opportunities. Internet job boards are divided into employment categories that range from the expected administrative, to professional career positions in, for example, the legal and medical fields. But now it’s not uncommon to see many formal job boards with entire foreclosure cleanup-type categories that previously were housed under Real Estate.

Property Preservation has become a popular job category on internet job boards. Websites such as the popular Monster, Career Builder, and the lesser known and newer job boards like Juju, The Ladders, Simply Hired and the like, all list property preservation jobs.

Viable Jobs Less Visible Under Other Real Estate Job Categories

It helps to know under which categories to search for property preservation and foreclosure cleanup type jobs.

Construction Category: Though “Property Preservation” has become a more used job category than in the past, some jobs are still further cloaked under less visible categories such as “Construction.”

Mortgage Field Services:Another category under which foreclosure cleaning and real estate contracting companies such as lawn maintenance businesses should seek jobs is the “Mortgage Field Services” category. This is actually a formal industry term that is a vital fiber in the fabric of the real estate and property preservation industry. But many new foreclosure cleanup and real estate contracting companies may overlook using it in their job search efforts.

When you research foreclosure cleanup and real estate contracting jobs for your small business, include the Contracting and Mortgage Field Services sub-banners in your search for jobs to propel your company.

Sample Job Postings

Here is a sample job description for a position that was recently posted on one of the larger, well-known job boards that was cloaked under the following category: Construction/Facilities; Skilled Labor:

“EXPERIENCED PROFESSIONALS IN PROPERTY PRESERVATION TO HUD GUIDELINES ONLY SHOULD APPLY. [Company] is looking for an experienced Field Technician to handle the [County Names]. Candidate must have their own work vehicle and tools. It is a necessity that candidates have experience in property preservation to HUD guidelines, and understand the proper procedures for all areas of this business including winterizations. For serious consideration, candidates should e-mail their resume to [Email Address].

The above job posting is an excellent opportunity for a properly licensed and insured foreclosure cleanup business.

Finding Jobs via Classified Ads Websites

Even classified ad websites have become popular outlets for property preservation, foreclosure cleaning and real estate contracting jobs such as lawn maintenance. To find the job opportunities, visit classified ad websites (such as Craigslist and Backpage) for specific property preservation and mortgage field services jobs.

Many of the larger, more formal property preservation companies have a hard time finding smaller companies who are properly licensed, insured and structured to handle the foreclosure cleaning volume a market riddled with foreclosures is spewing.

To begin your search for specific jobs in your geographic area, compile a list of property preservation companies, which are excellent, direct job outlet with online vendor applications.