JF1595: Everything You Need To Know To Save Money On Insurance On Your Next Purchase with Bryan Shimeall

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 14 January 2019

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you’re in the market for property, as most real estate investors are, it’s nice to know things to look for that could save you money on insurance ahead of time. This becomes more true and relevant the larger the property you’re looking at. From age and geography, to construction and wiring, we’ll be covering a bit of everything as it pertains to how insurance companies look at your properties. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “Most carriers do not cover aluminum wiring” - Bryan Shimeall Bryan Shimeall Real Estate Background: Former real estate builder/developer 2008 & 1st child forced a career change into commercial insurance Joined MRA (Multifamily Risk Advisors) 5 years ago and they insure about 200k units across the country Based in Gainesville, FL Say hi to him at https://multifamilyra.com/ Best Ever Book: American Buffalo Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:05.0	The carrier has done their job that provided a contract for a building that was without
1:10.0	aluminum wiring.
1:11.0	It has aluminum wiring.
1:12.2	There is no, there is no
1:13.0	there and it boiled down to who told them that.
1:17.3	If you, the client, filled out a form, just didn't know and I see this a lot of times,
1:22.0	oh you know whatever, yeah I thought it was copper I didn't really
1:24.1	check it.
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	...

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