Tue, 22 December 2015
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.
[1:44] The simplicity of one insurance provider for properties nationwide
[2:27] We have had nationwide insurance available for 30 years
[3:24] Nuances to the nationwide real estate market make it a difficult product to offer
[4:42] The underwriting companies which serve our brokerage firm
[5:52] Nationwide programs are generally done on a blanket basis
[8:57] Deductible options from one insurance company
[11:01] Getting the quote to the investor
[13:30] Our company is approved by major financiers
[15:00] Calculating insurance rates based on zip codes
[16:55] Cash value is the number one issue insurance companies have
[20:13] How are land contracts insured?
[22:51] Hard money lenders can place property coverage, but it costs a bit more
[23:38] Loss of Rent insurance