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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: David Jones who wrote (1015)11/1/2001 3:07:39 PM
From: GraceZRead Replies (1) of 306849
 
Weird because this is the kind of town where lawyers put flyers through the mail slot in rental properties to get lead paint cases....but then all my policies, of course, have lead paint exclusions in them. I've had every kind of issue you can name for why one company or another wouldn't insure this one or that one. Non-owner occupied, rural with wood stove, commercial real estate, etc. At one time I had five different insurance companies. This last go 'round I told the agent all or nothing.

You really have to stay on top of these stupid policies. I try to read 'em when they come up for renewal to see if they are slipping any big exclusions in there but they are worse than federal tax instructions sometimes to read. I had a next door neighbor who was a lawyer for Farmers in my old house and I'd ask her to look at them for me. She was great at dissecting the small print for me. She actually liked reading that chit.

Insurance is like bank loans, you get the best deals by changing companies and its all downhill from there.
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