Comprehensive Insurance Program for Real Estate Investors
Innovative Risk Solutions offers a robust, flexible insurance program tailored specifically for real estate investors, note buyers, and REO (Real Estate Owned) buyers. Designed to meet the unique needs of clients with multiple properties, this program streamlines coverage under one master policy and is backed by reputable carriers including Lloyd's, Great American, American Modern, and Arch. Whether your client flips homes, holds rental portfolios, or manages vacant and rehab properties, this solution provides the broad protection and ease-of-use agents need to serve an evolving real estate market.
Ideal Accounts and Program Eligibility
This program is best suited for seasoned investors with five or more properties. Eligible accounts include:
- Buy-and-hold investors with rental portfolios
- Fix-and-flip professionals managing rehab properties
- Note buyers and REO purchasers with real estate ownership exposure
A clean and acceptable loss history is preferred. If your client is growing their portfolio and needs scalable protection, this program fits well.
Coverage Highlights and Advantages
- One master policy for multiple properties—easy to manage and renew
- Named insured flexibility—suitable for varied ownership structures
- Online administration system for efficient policy management
- Monthly or annual direct billing options
- Eligible property types: vacant, rehab, and rental
- Open Perils Form (similar to Special Form coverage)
- ACV or RCV options available, with no coinsurance requirement
- Water damage coverage (subject to winterization)
- Theft and vandalism coverage available with monthly inspections
- Windstorm and hail covered in all eligible locations
- $1,000,000 per occurrence / $2,000,000 aggregate premises liability
- Force-placed and owned property coverage available
With a minimum premium of $2,500, this program is built for clients looking for broad, cost-effective property protection.
Submission Requirements
To get started, agents should submit the following:
- Completed Innovative Risk Solutions application
- Property spreadsheet (preferred over ACORD forms)
- Loss history reports
- Detailed business description and future plans
Submit via email or fax to:
John S. Watt, ARM
Phone: 954.931.4795 Fax: 866.847.5565
Email: [email protected]
Territories and Market Access
Coverage is available in nearly every U.S. state except Alaska, Hawaii, and Michigan. This national reach allows agents to serve investor clients with properties in multiple states through one centralized program.
Some markets are admitted depending on state and risk profile, offering flexibility in placement. Contact Innovative Risk Solutions for specific state availability and options.
Why Work with Innovative Risk Solutions?
As a Managing General Agency with deep expertise in real estate investment risks, Innovative Risk Solutions provides streamlined access to top-tier markets and responsive underwriting. Agents benefit from:
- Experienced program administrators who understand real estate investment exposures
- Customizable policy structures suited for portfolios of all sizes
- Efficient quoting process with fast turnaround
- Ongoing support for policy management, renewals, and endorsements
If you have investor clients with five or more properties—whether they’re buying distressed assets, managing rentals, or repositioning real estate—this program offers the flexibility, pricing, and protection you need to close the deal.
*See actual policy for detailed information on coverage and exclusions.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for seasoned real estate investors, note buyers, and REO buyers who own five or more properties, especially those with vacant, rehab, or rental exposures.
Can multiple entities be insured under one policy?
Yes, the program allows for multiple named insureds under a single master policy, which is ideal for clients with various ownership structures.
Is this program available in all states?
Coverage is available in most U.S. states, except Alaska, Hawaii, and Michigan. Contact Innovative Risk Solutions for specific state eligibility.
What is the minimum premium for this program?
The minimum premium starts at $2,500 and may vary based on property count and risk characteristics.
What application materials are required to get a quote?
Agents should submit a completed Innovative Risk Solutions application, a property spreadsheet, loss history, and a business summary. ACORD forms are not accepted.
Need help placing an account? Connect with a market specialist.