Insurance, It's not what you know but what you need to know. | PREI 127

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Education, Business, Investing, Entrepreneurship, How To, Business:investing

4.6 • 968 Ratings

🗓️ 18 December 2018

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Property insurance provides protection against most risks to property, such as fire, theft and some weather damage, these includes specialized forms of insurance such as building insurance, content insurance, fire insurance, flood insurance and earthquake insurance. Prevention they say is better than cure. The cost of property insurance often depends on what it would cost to replace the house and which additional items to be insured are attached to the policy. The insurance policy itself is a lengthy contract, and names what will and what will not be paid in the case of various events. Let's explore some of the basics and nuances of property insurance, as well as some uncommon or strange scenarios with my guest today. www.PassiveRealEstateInvesting.com www.NoradaRealEstate.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to passive real estate investing, the show where busy people like you learn
0:05.2	how to build substantial passive income while creating wealth for the long term.
0:09.2	And now here's your host, Marco Santorelli.
0:12.3	Hello my friends and welcome to another Now here's your host Marco Santorelli.
0:13.2	Hello, my friends and welcome to another episode of passive real estate investing.
0:17.3	I'm your host, Marco Santorelli.
0:19.8	You know, property insurance
0:24.0	such as fire, theft, and some weather damage.
0:28.0	These include specialized forms of insurance such as building insurance,
0:31.0	content insurance, fire insurance, flood insurance, and even earthquake insurance.
0:37.0	They say prevention is better than cure. The cost of property insurance often depends on what it would cost to replace the property and which additional items to be insured are attached to that policy.
0:50.0	The insurance policy itself is a lengthy contract as you probably know and the names on that
0:56.1	contract determine who the beneficiaries are and it also specifies what will and will not be covered or paid in the case of various events.
1:06.9	So today let's explore some of the basics and nuances of property insurance as well as
1:12.3	some of the uncommon or even strange
1:14.4	scenarios with my guest today. But first, let's have a quick word from our sponsor.
1:19.0	My friend, MC Lobshire, the host of Cashflow Ninja Podcast and President of Producers' Wealth,
1:25.2	is on a mission to help you achieve financial independence as soon as possible.
1:29.4	He achieves this by integrating the infinite banking concept and real estate investing to increase your financial
1:35.0	efficiency and recapture cash flow that you're not even aware you're losing.
1:39.4	MC shares the number one strategy investors use in his holistic wealth creation
1:44.4	course at your own banking system.com that's your own banking system
	...

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