Being a real estate owner or investor you probably know that closings on a new building could sometimes be very stressful. There are just so many pieces to the puzzle that need to fall into place.

There are sellers, buyers, attorneys, brokers and bankers. Everybody has their own interest in the deal, and you the seller care about one thing only at this point: you want everything to go smoothly without any complications.

By trying to satisfy everyone in the weeks before closing, some of the minor but most important details are being overlooked, and that is commercial building insurance.

Here is a typical scenario that usually happens 2 days before closing:

Banker is requesting proof of insurance.

Owner wants to have time to shop for the best option.

Banker in pressuring that without proof of insurance there is no closing.

New owner is pressuring insurance broker.

Insurance broker provides Proof of insurance.

Banker comes back with a list of changes he wants to see on the certificate of insurance.

Changes take time, and usually raise the premium.

Bank wants to see a paid in full receipt.  The new building owner doesn’t even have an account for this new LLC yet from where to pay the premiums from.

Everybody is under pressure.

The above may be a typical scenario by any other broker, but not by the experts in commercial building insurance. Evergreen Insurance has a tremendous amount of experience in the real estate insurance field, and when it comes to closing on a new building we are no different.

Evergreen works closely with all parties involved.  We make sure to get the bank requirements early enough, so we can deliver an efficient commercial building insurance policy, at the first time, so you won’t have to be busy with revisions back and forth.

And most important of all, our knowledgeable sales reps and account executives actually take the time to discuss with you your concerns and effectively protect your new building.

After the closing you can expect a call from your sales rep at Evergreen making sure that everything went smoothly and if there is anything else he can do for you.

Closing on a new building should be a happy time, and with Evergreen Insurance it will be!