Insurance for the RE investor. Big differences! Be smart.
I figured it was a good time to post here, since I had a conversation last week with yet another new investor client who got bad advice from their previous insurance agent. Most people don't know that your typical insurance agent from a big name company has very little experience in working with investors, especially investors that are also contractors or GC's. The needs of real estate investors are very different from the needs of "normal" insurance clients who just live in a house they own, and drive a few cars.
PLEASE, for your sake and the local market as a whole, only work with insurance professionals who can demonstrate a deep and thorough understanding of your needs as a real estate investor.
It's VERY easy to get a bad policy for a great price. Unless you want the burden of trying to figure out yourself if you have the right insurance program, you need to be talking with me or another local insurance professional who is very experienced in the investor world.
Message me or reply to this if you have questions or want to talk further.