Proctor Financial, Inc. (PFI) offers an Investor/REO Rental Program which provides property and liability coverage for residential rental properties held by financial institutions, property investors, REITs and other real estate capital companies. The Investor/REO Rental Program is underwritten as a master policy with properties reported utilizing PFI's web-based reporting form. The result is immediate coverage, no individual property underwriting and streamlined administration.
Large and small American investors are taking advantage of the current residential trends and are seizing the opportunity to expand their portfolios. Buying, renovating, and renting residential properties is becoming a mainstream alternative to traditional ways of earning income. As an investor, a traditional home owners policy may not provide enough protection to safeguard your assets; especially if the property is vacant. Understanding property and liability insurance coverages is a critical component for anyone that invests in rental real estate properties because it can dictate your business’ overall success and protect your valuable investment.