Category Archives: Insurance

Steps to Recovery After a Disaster

After disaster strikes, many turn to their insurance policies to start the road back to recovery. Refer to these steps when preparing to file a claim with your insurance companies.

Title Insurance Can Be ‘A Little Tricky’ in Certain 1031 Exchanges

Although this blog is avowedly apolitical, with the results of the recent election, it seems likely that one of the most significant tax benefits for real estate investors will remain intact – the 1031 exchange. A properly structured 1031 exchange allows a seller of real estate to defer taxes on capital gains on the sale …Read more

Title Insurance Protects People from the Past

Recently, I had the fortunate experience of being interviewed by the Albuquerque Journal for a story on the value of title insurance. Along with Division President Jennifer Greenwood, we had the opportunity to make a complex process easier to understand and explain the importance of title insurance. As I noted in the story, most insurance …Read more

4 Types of Water Damage Coverages to Consider

Home insurance provides coverage in the event your home or belongings suffer damage or complete loss. When you make a claim, the coverage provided is based on the event that caused the damage, also known as a “peril.” A common peril homeowners want on their policy is water damage. There are four separate types of …Read more

4 Steps You Can Take to Avoid Being a Wire Fraud Victim

A major risk real estate professionals should be aware of is fraudulent wiring instructions. Cyber criminals are increasingly sending false messages on behalf of home sellers, real estate agents, title agents and lenders, and many times these messages involve instructions to transfer money. Here are some precautionary measures you should consider from a risk management …Read more

Review 4 Insurance Coverages before Seasonal Storms

Hurricane season is here for coastal parts of the country. And while non-coastal areas may not be directly affected by hurricanes, everyone is susceptible to detrimental weather events, such as tornadoes, hail, severe thunderstorms and flooding. As a result, your property could suffer significant damage. Our team at Stewart Insurance and Risk Management wants to …Read more

Understanding Your Home Insurance: The BIG 3

We have previously given our top tips to consider when selecting home insurance; but what does your home policy actually protect? Whether you are purchasing home insurance for the first time or renewing for your 20th year, understanding the basics of your insurance policy is important so you can better evaluate your options.