Learn the secrets of insurance for real estate investors in Round Rock.

This class is Module 28 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:


Why you should not be penny-wise and pound-foolish with insurance and your real estate investments.
The importance of having a strong relationship with your insurance agent/broker as a real estate investor.
The difference between a captive insurance agent and an independent insurance broker… and why it matters.
Why insurance policies are like snowflakes… and what you need to do about it.
The importance of reading and understanding your insurance policies as a real estate investor.
The dangers of jargon in insurance policies and what you should do to address insurance jargon.
The importance of pausing before making claims with your insurance policies and the considerations to evaluate: should you make a claim?
The importance of maximizing coverage limits for real estate investors.
Why you should consider an umbrella policy as a real estate investor and what it protects you from… and what it doesn’t typically cover.
How protection typically works with insurance on your properties, autos and umbrella.
What might it cost and what value of protection might you get from an umbrella insurance policy?
Why you should compare the premium/deductible on your properties for deal analysis.
What are some holes most insurance policies have and what extra coverages might you get to plug those holes?
Understanding replacement cost versus actual cash value as a real estate investor.
Understanding the value of extended replacement costs and why it makes sense… especially in fast appreciation markets.
How the payout might work for a roof replacement with replacement cost versus actual cash value.
What strategies should you insist on extra insurance for the contents of your property?
Why should you insist on a renter policy from all your tenants?
What are some of the other insurance options you might consider as an investor?
Plus much more...


Check out the video and additional resources related to Secrets of Insurance.
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:https://RealEstateFinancialPlanner.com/spreadsheetImprove Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Round Rock real estate investor podcast? Book a free consultation to discuss.

Ver todos los episodios