I’ve stated it many times, risk and insurance is a personal choice. Through my years of practice I’ve come to the realization I don’t trust anyone else making the right decision when it comes to risk and insurance. When data exists to support that there is a greater risk of an event happening it makes sense (at least to me) … Read More
How Should You Insure Your Oregon Investment Properties?
Deciding on whether or not to insure your Oregon investment properties under the same legal entity is not easy to answer. Risk is inherent with everything that we do and each real estate investor I work with stands at a different point on the risk scale. Some set up separate legal entities for each investment property and others keep their … Read More
Should I Purchase Insurance When Renting a Car?
Tis’ the season for renting cars. One of the biggest questions and debates I have with clients is”should I purchase insurance when renting a car?” The answer to this question depends on the coverage you have in place with your existing personal auto policy. Liability will automatically be extended from your personal auto policy, if you carry collision your policy … Read More
Oregon Recreational Cannabis Law and Home Insurance
Beginning July 1, 2015 Oregon Recreational Cannabis Law Measure 91 takes effect and ushers in the end to cannabis prohibition in Oregon. With this the state law has usurped the Food & Drug Administration’s classification of cannabis as a “Schedule 1” status although in its wake it opens the door to complexity for individuals, businesses, state and federal authorities on … Read More
Earthquake Insurance, Seismic Retrofit or Both?
With most insurance carriers there is no price break for earthquake insurance when a home is retrofitted to the foundation, , it only allows you to qualify to purchase earthquake insurance. Here is some advice, your money might be best used on having a seismic retrofit done to your homes in lieu of securing earthquake insurance. Why? Earthquake insurance deductibles work … Read More