Discount Structure
When you insure under a REIN Investor Guard policy you qualify for numerous discounts that you can apply to the same property or group of properties, as outlined in the discount structure that follows:
Multiple Property Discounts
Multiple property discounts are based upon the number of properties that are insured under the Investor Guard and Strata Guard policies:
No. of Properties | Category | Discount |
| Over 100 properties | Diamond | 30% |
| Over 50 properties | Platinum | 25% |
| Over 17 properties | Gold | 20% |
| Over 8 properties | Silver | 10% |
| Over 3 properties | Bronze | 5% |
Optional Deductibles
Optional deductibles are another way to save money on your investment property insurance.
Deductible | Discount | |
| $1,000 | 0% | |
| $2,500 | 5% | |
| $5,000 | 8% | |
| $7,500 | 10% | |
| $10,000 | 15% |
Disappearing Deductible
Investor Guard policies also come with a disappearing deductible, which means that you will not have to pay any deductible for property losses that exceed $10,000, with the exception of losses due to floods and earthquakes.
NOTE TO INVESTORS
A Guaranteed Replacement Cost policy offers the best financial protection against disasters. This protection is standard on the REIN Investor Guard policy!
With a REIN Investor Guard policy, you don’t have to worry about co-insurance penalties as Guaranteed Replacement Cost protection is standard with this policy.
TIP FOR INVESTORS
Increase your indemnity period to 24 months to ensure you can keep paying the mortgate if it takes more than one year to rebuild after a loss.