1656 FBF: NATIONWIDE PROPERTY INSURANCE MADE EASY
What is the best coverage for your multi-state real estate portfolio?
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.
[1:21] It’s an amazing time to be alive!
[2:33] China has finally ended their one child policy
[4:40] The nature of the real estate industry is fragmented
[9:34] Bad faith insurance or companies denying claims is common
[10:30] A personal experience with National Real Estate Insurance Group
[11:50] Monday’s episode features the founder of WeGoLook
[14:04] Can we get listeners in more countries than the U.S. has military bases in?
[16:40] Meet the Masters with Garrett Sutton in January
Ed Babtkis Guest Interview:
[18:50] We have had nationwide insurance available for 30 years
[19:50] Nuances to the nationwide real estate market make it a difficult product to offer
[21:05] The underwriting companies which serve our brokerage firm
[22:16] Nationwide programs are generally done on a blanket basis
[25:21] Deductible options and norms
[27:24] Getting the quote to the investor
[29:54] Our company is approved by major financiers
[31:20] Calculating insurance rates based on zip codes
[33:30] Cash value is the number one issue insurance companies have
[34:55] Replacement value is better coverage
[36:33] How are land contracts insured?
[39:12] Hard money lenders can place property coverage, but it costs a bit more
[40:00] Loss of Rent insurance