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Hospitality Industry Property Risks: California Hotel Exterior Facade Collapses Damaging Electrical System And Sprinklers, Flooding Three Floors

May 12, 2013 in General

Hotel Property Damage“…the façade tore down sprinkler lines, sending water rushing into some of the rooms. Three floors flooded, damaging the electrical system. Officials say city engineers will be evaluating the building’s structural integrity…”

Work crews will be busy Friday cleaning up the damage left behind after part of a local hotel building collapses. Some guests at the Hampton Inn on Greenwood Street were evacuated overnight, after the hotel’s facade suddenly collapsed.

Pieces littered the ground with debris, making a mess on the north side of the building. People staying at the hotel said they heard a loud noise, grabbed their stuff and got out.

Trampolines and House Insurance Coverage – That the Trampoline Impacts Your Property Insurance Plan

April 29, 2013 in General

In what way will developing a trampoline safety have an effect on the buying price of my house insur
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Hospitality Industry Property Risks: Michigan Restaurant A “Total Loss” After Fire In “Deep Fryer” Spreads Quickly Into Ceiling And Roof

March 22, 2013 in General

“…the restaurant is a total loss and smoke enveloped the entire intersection where the Restaurant Firerestaurant is located….the fire had spread quickly to the wooden trusses that supported the roof, up above a suspended ceiling…causing the roof to collapse…”

Fire investigators have determined that a fire that destroyed the Ram’s Horn on Tuesday originated in a deep fryer in the restaurant’s kitchen. The fire spread quickly during the lunch hour. Staff and patrons were evacuated and fire crews responded at about 12:12 p.m.

I am looking to buy some property below market value. Can I add my current debt to the equity of new property?

March 14, 2013 in Insurance jobs and educations

I will have about 125K of equity in new property and want to consolidate our current mortgage,car loans and credit cards.In all it would save us about $600 per month,has anyone done this before?

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Property Insurance Rates Rise For 2013

January 3, 2013 in General

TALLAHASSEE, Fla. (AP) — The one thing a New Year always brings in Florida is higher property insurances rates and 2013 will be no different.

Although Florida escaped a major hurricane for a seventh straight year in 2012, property insurance costs continue to soar.

Data from the New York-based Insurance Information Institute shows homeowners’ claims have increased an average of more than 17 percent annually over the past decade— more than double the number filed in 2003. And virtually all of these in recent years have been claims on non-catastrophic events.

Property through super in a SMSF – Part 1: Background

December 22, 2012 in General

From the media hype you should already know that self-managed superannuation funds (SMSFs) can borro
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As some links might get broken.

If you want your post to be removed please use our contact form and allow up to 14 days of response, as I am usually traveling a lot.

Interesting Stuff:

Hospitality Industry Property Risks: California Restaurant Kitchen Fire Caused By “Commercial Gas Grill” Igniting Wood Inside Wall; Repairs Estimated At $10,000

December 5, 2012 in General

Restaurant Fire

“…Firefighters were hampered by multiple concealed spaces caused by past remodeling. Firefighters located the seat of the fire in the wall and extinguished it with a small amount of water, but found that the fire had traveled through the wall and in to ceiling spaces between layers of roofing materials above…”

Humboldt Bay Fire responded to a reported structure fire at Pho Thien Long Restaurant, 615 F St. Upon arrival fire personnel were directed to the kitchen area where light smoke was seen coming from a hole in a wall and the wall was extremely hot to the touch. Fire personnel directed restaurant customers and staff to exit the building. Power and gas was secured to the building as firefighters began cutting in to the wall to locate the fire.

What You’ll Want to Know About Property Owner’s Insurance

November 16, 2012 in General

Getting homeowner’s insurance for your house can turn out to be a daunting activity with all of the buzzwords and foreign concepts that float about. Understanding what you will need out of one’s house insurance contract can reduce down on the expense, too because the hassle. You ought to hold the following things in thoughts when you commence to shop about.

Verify with regional agencies for renter’s coverage. On-line and out of state companies typically have a 1 size fits all sort policy structure. A nearby agent will be more acquainted with the dangers inside your area and can be available to send somebody out speedily to begin operating on your claim following a disaster.

How has illegal immigration/aliens caused property value to go down?

November 9, 2012 in Banking insurance

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Avoiding Property Damage Caused By Winter Weather

October 28, 2012 in General

English: Ice dam forming on a slate roof near ...

English: Ice dam forming on a slate roof near Cleveland, Ohio. Snow melt caused by attic heat loss and warming of slate roofing collects at roof eave to create ice dam. (Photo credit: Wikipedia)

Here in Ohio we having a running joke:  If you don’t like the weather wait a minute, it will change.  And, so we are faced with yet another change of seasons.  We all know how unpredictable Ohio winters can be.  One day it will be 50 degrees and sunny.  The next day it is 25 degrees and snowing, followed by rain that freezes as soon as it reaches the ground.  This type of weather can cause a lot of damage to your home or business.  Fortunately, there are some simple steps you can take before winter arrives to help prevent that damage.

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