by AZREIA Editorial Team | Jul 1, 2024 | AZREIA, Gila Insurance, Insurance, Newsletter
By Derek Kartchner | Gila Insurance Attention all real estate investors! Ever had one of those days when everything seems to go wrong? Imagine this: you’re enjoying a peaceful morning when you get a call from your tenant. However, instead of the usual chit-chat about...
by AZREIA Editorial Team | May 31, 2024 | AZREIA, Gila Insurance, Insurance, Newsletter
By Derek Kartchner | Gila Insurance For most investors, insurance is an enigma. The reason behind the rates, what’s covered and what’s not, doesn’t make much sense. In the last year, one of the most common insurance questions I get is: “What in the world is...
by AZREIA Editorial Team | May 1, 2024 | AZREIA, Gila Insurance, Homeowner's Policy, Insurance, Newsletter
By Derek Kartchner | Gila Insurance One of the most frequent questions I get asked at the AZREIA monthly meetings is, “Does it matter if I have the wrong policy?” People don’t ask it that way, but that IS the question they are asking. In some cases, they ask, “Will a...
by AZREIA Editorial Team | Apr 1, 2024 | AZREIA, Gila Insurance, Insurance, LLC, Newsletter
By Derek Kartchner | Gila Insurance Recently, I heard a claims story – one of the worst kinds. This was not my client, but it was a friend. He and his wife own a business, and the wife had gone to the shop to run some sort of errand. While leaving, she pulled out onto...
by AZREIA Editorial Team | Mar 1, 2024 | AZREIA, Gila Insurance, Newsletter, Water Back Up Coverage
By Derek Kartchner | Gila Insurance I recently received a phone call from a customer rehabbing a home. The home had been purchased out of foreclosure, and the investor had to evict an occupant after having purchased the home. She called and exclaimed, “I had a...
by AZREIA Editorial Team | Jan 29, 2024 | AZREIA, Fix and Flip, Gila Insurance, Insurance, Newsletter
By Derek Kartchner | Gila Insurance Honestly, coverage offered by insurance companies on homes under renovation (Flips) sucks. If we consider it, it makes sense that homes under rehab are problems for insurance companies. Why? Well, usually the first thing that shows...
by AZREIA Editorial Team | Jan 1, 2024 | AZREIA, Gila Insurance, Insurance, Newsletter
By Derek Kartchner |Gila Insurance Sometimes I feel like I say, “No, no, no” all the time, and not just due to having a slew of toddlers in my home over the years (I have a lot of kids). It is because the insurance market is a mess right now, and rates are up like...
by AZREIA Editorial Team | Nov 30, 2023 | AZREIA, Claims, Gila Insurance, Insurance, Newsletter
By Derek Kartchner | Gila Insurance If you have looked at your insurance rates recently, you may have seen that they have SKYROCKETED! Arizona has been hit harder than many states and rates have increased on all lines of business by 25-37%, depending on the source....
by AZREIA Editorial Team | Nov 1, 2023 | AZREIA, Gila Insurance, Newsletter, Risk Management
By Derek Kartchner | Gila Insurance Starting with the end in mind, creating a plan, breaking the plan down into digestible steps, and doggedly working on the plan is how anything real is accomplished. Moreover, it’s how we reach the unreachable. Any dream worth...