What is Land Insurance, And Do You Need It - By Tony Martinez

Tony Martinez is the Founder and Chairman of the US Tax Lien Association, which is an organization that is committed and dedicated to helping others achieve total financial freedom through the power of investing in Tax Lien Certificates. With over 30 years of expert experience, Tony is the world's #1 authority on the subject of creating enduring wealth through the little know strategy of investing in Tax Lien Certificates, which gives anyone the opportunity to earn guaranteed fixed rates of returns of 18% – 36% interest per year, and acquire valuable real estate for approximately 10% of market value.

A story I’m sure you are very familiar with is how I began our journey to financial freedom by purchasing and selling vacant lots. Empty lots are prolific on tax deed and tax lien lists and are generally a smart investment.

When calculating your holding costs you’ll find it is an investment requiring a more modest amount of capital. Utilities are not an issue, and you won’t have to be concerned over occupants remaining in a single family residence.

So what do you need to worry about? Well, a big concern is liability coverage. Claims can still be made against vacant land owners. For example, a pedestrian hit by a car adjacent to vacant land could sue the land owner for lack of lighting. Another example could be a fence in disrepair injuring someone or something. While vacant land insurance does not cover damage to the land itself, it does protect landowners from bodily injury claims, property damage claims, and can help cover legal fees.

The easiest way to get land insurance is through an umbrella policy. This means a landowner can extend their current homeowners policy to cover the vacant land. It this is not desired or is not an option, then a stand alone policy can be purchased.

Keep in mind there are limitations regarding vacant land insurance. Do your due diligence before purchasing a policy to insure your understanding of the guidelines, and to make sure you qualify. It’s best to speak with a knowledgeable agent on these matters.

Investing in tax liens and tax deeds is not a get rich quick scheme. It requires hard work, research, and patience. Don’t rush into a purchase, and thoroughly outline all holding costs as part of your due diligence.

Tony Martinez

TLC Amount: $118.15

Pays You: 15% Interest / Year

645 Church St, Bound Brook, NJ

2683 sq. ft.
14,810 sq. ft.


Assessed Value:
Market Value: