Creating Wealth Real Estate Investing with Jason Hartman

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.

 

Key Takeaways:

 

Jason’s Editorial:

[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

 

Mentions:

JasonHartman.com

Affinity Group Management

Code Red Book

We Go Look

Ross Diversified

Acceptance Indemnity

Cincinnati Insurance

Blackstone

Direct download: CW_593_Nationwide_Property_Insurance_Made_Easy.mp3
Category:general -- posted at: 5:21pm EDT

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