Getting Your Real Estate Insurance Right with Kieran Boyle.

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

Buyingapartmentbuildings, Investingsmart, Multifamilyrealestateinvesting, Business, Smartinvesting, Jakeandgino, Apartmentinvesting, Investing, Commercialrealestateinvesting, Makingmoney, Buyingrealestate, Realestateinvestment, Wheelbarrowprofits, Realestateinvesting, Cashflow

5 • 831 Ratings

🗓️ 11 February 2016

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

So you are about to buy your first apartment building and just realized that you are not an insurance expert. In this episode, insurance risk manager and broker Kieran Boyle shares his advice on how to network with insurance brokers and what to watch out for. Kieran offers a realistic and ethical approach to buying insurance. In this episode you will discover: • How to network with insurance brokers. • Gaps in coverage and what to watch out for. • Where saving money will bite you. • Exclusions to avoid. • Loss of rents. • How to price umbrella coverage. • How to keep your broker engaged. • The cyclical market of insurance. • How to evaluate a firm. • How many quotes are enough. • And much much more!

Transcript

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0:00.0	Welcome to the Wheelbarrow Profits Podcast, where you get multi-family investing made real.
0:06.5	Learn from top players in the real estate investment world as they share their secrets with you
0:11.5	and discover proven strategies on apartment investing that actually work.
0:16.0	To learn more about wheelbarrow profits, visit jake and gino.com.
0:23.7	Your one-stop shop for everything multifamily.
0:29.9	Now to your host, Jake and gino. Hello everybody. This is Jake Stenziano, host of the Wheelbarrow Profits podcast here with my co-host, the multi-family mentor, the coach, the chef,
0:36.1	future chocolate salesman, father of six and bestselling author,
0:40.5	the G-daddy, Gino Barbaro. Gino, how's it going today?
0:43.9	Jay Love, you are getting better and better, my friend. Chocolate Maven, that's what I'm
0:47.9	going to be selling chocolates too, huh? Always bringing the pain. I'm coming up to sell them with you.
0:51.7	Today's guest is Kieran Boyle. Kieran is the commercial
0:54.6	lines risk manager for the Spain agency located in Westchester County, New York, and he's been
0:59.4	working there for 10 years. In his position, he is responsible for overseeing the commercial
1:04.5	lines department and coordinating lost control and risk management services. Wow. Look, insurance is one of those areas that people don't want to
1:14.0	deal with, but you better be damn sure you get it right. We thought it was important to get an
1:18.4	expert on the show to highlight the importance of proper insurance and things to look out for.
1:23.0	So without further ado, Kieran, welcome to the show. Thanks for having me, guys.
1:28.3	So happy to have you here and why don't you tell us a little bit about your background and
1:32.0	how you got into insurance?
1:34.0	Sure.
1:35.0	I've been in insurance now almost 15 years, pretty much right out of college in 2001,
1:40.5	2002.
	...

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