8 Money Saving, Risk Reducing Real Estate Investor Insurance Tips

Real estate investing—like anything in life—is not without risk. However, we can mitigate or eliminate many of the risks with the proper use of insurance.

In this class you'll learn:

  • Why it is critically important to develop a strong your insurance agent and truly understand your coverage
  • Understanding what risks are insured and to what extent and what risks you are self-insuring and at what the likely extent of your exposure is
  • Why it is critically important to limit making insurance claims close to your deductible amount and how that impacts selecting your deductibles to begin with
  • Why maximizing your liability coverage on your properties and autos may be the most important thing you do regarding your insurance
  • What an umbrella policy is and why or why not get one
  • How to compare premium/deductible especially during deal analysis and property acquisition
  • What extra coverages are available and which may be worthwhile (like sewer backup, loss assessment coverage, etc)
  • What's the difference between replacement versus actual cash value and why you should care... a lot
  • The importance of requiring renter policies from your tenants, what it covers and how
  • Plus, much much more...

Duration: 1 hour and 47 minutes
Recorded: March 17, 2021
Instructor: James Orr with the help of special guest and insurance broker, Brian Armstrong