CW 593 - Nationwide Property Insurance Made Easy
Managing insurance policies for your entire real estate portfolio can be an administrative nightmare if the coverage is provided by multiple companies. Finding a reliable and informative insurance broker who is able to offer nationwide coverage from A level underwriters would eliminate the hassle. Today, Jason gets answers for all of your insurance questions from the brokerage firm of Ross Diversified.
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\nKey Takeaways:
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\nJason\u2019s Editorial:
\n[1:21] It\u2019s an amazing time to be alive!
\n[2:33] China has finally ended their one child policy
\n[4:40] The nature of the real estate industry is fragmented
\n[9:34] Bad faith insurance or companies denying claims is common
\n[10:30] A personal experience with National Real Estate Insurance Group
\n[11:50] Monday\u2019s episode features the founder of WeGoLook
\n[14:04] Can we get listeners in more countries than the U.S. has military bases in?
\n[16:40] Meet the Masters with Garrett Sutton in January
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\nEd Babtkis Guest Interview:
\n[18:50] We have had nationwide insurance available for 30 years
\n[19:50] Nuances to the nationwide real estate market make it a difficult product to offer
\n[21:05] The underwriting companies which serve our brokerage firm
\n[22:16] Nationwide programs are generally done on a blanket basis
\n[25:21] Deductible options and norms
\n[27:24] Getting the quote to the investor
\n[29:54] Our company is approved by major financiers
\n[31:20] Calculating insurance rates based on zip codes
\n[33:30] Cash value is the number one issue insurance companies have
\n[34:55] Replacement value is better coverage
\n[36:33] How are land contracts insured?
\n[39:12] Hard money lenders can place property coverage, but it costs a bit more
\n[40:00] Loss of Rent insurance
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\nMentions:
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