Description
Have you heard these myths about real estate investing insurance? 1) Insurance for fix and flips is the same as a regular homeowner's policy. 2) Vacant properties are covered by standard insurance. 3) All insurance policies offer full refunds. I'll share the truth, but first, let's uncover the myths. Get ready to rethink your insurance strategy!
In this episode, you will be able to:
Master real estate investing insurance with expert tips for comprehensive coverage and better risk management.
Understand the crucial differences between builders risk policy and homeowners policy for smarter property protection strategies.
Navigate the implications of vacancy clauses to safeguard your property investments effectively.
Unlock the potential of infinite banking to optimize financial strategies for real estate investing.
Discover the essential insurance requirements for contractors on your property projects to mitigate risk effectively.
Shauna Green is an established insurance agent specializing in real estate investment. With a background deeply rooted in the industry and a family legacy in real estate, Shauna possesses a comprehensive understanding of the intricate insurance requirements for investors. Her practical approach and extensive knowledge in this field make her a sought-after resource for navigating the complexities of real estate insurance. Drawing from her personal experiences and professional expertise, Shauna provides invaluable insights and strategic guidance to ensure investors achieve optimal insurance coverage and risk management.
The key moments in this episode are:
00:00:00 - Shauna Green's Journey into Real Estate Investing
00:04:04 - Importance of Proper Insurance for Fix and Flips
00:08:19 - Understanding Replacement Cost vs. Actual Cash Value
00:13:11 - Navigating Vacancy Clauses in Insurance Policies
00:17:38 - Understanding Insurance Policies
00:22:36 - Lender Requirements and Insurance
00:33:39 - Impact of Natural Disasters on Insurance
00:36:10 - Insurance Tips for Real Estate Investors
The resources mentioned in this episode are:
To learn more about real estate insurance and get a quote, visit Shauna's website at www.frinsurancesolutions.com.
Join the Contractors of Colorado Facebook group to connect with verified contractors and find trusted professionals for your real estate projects.
Attend the Real Estate Investor Success Summit on November 9 in Denver by visiting www.denveriss.com to network with industry professionals and gain valuable insights.
Contact Shauna directly at 720-389-7651 for personalized insurance advice and assistance with real estate investment insurance needs.
Consider exploring the concept of infinite banking and tax-free retirement with Shauna to maximize your wealth-building strategies.
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