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Insurance

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Cheryl Burd
Pro Member
  • Laguna Hills, CA
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Rock star insurance agent recommendations?

Cheryl Burd
Pro Member
  • Laguna Hills, CA
Posted Sep 17 2023, 13:44

Hello Community,

My landlord insurance policy is up for renewal on my SFR in the Birmingham area and the premium has increased significantly-this is without any claims ever filed! Can anyone recommend any rock star insurance agents?

Much appreciation & thank you!

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Cameron Moore
Pro Member
#3 Insurance Contributor
  • Insurance Agent
  • DFW, TX
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Cameron Moore
Pro Member
#3 Insurance Contributor
  • Insurance Agent
  • DFW, TX
Replied Sep 18 2023, 10:07

Unfortunately, insurance is ridiculously high right now across the board, but you can work with an insurance broker that will shop ALL of the competetive carriers in Alabama and find the best coverage for the best amount of cash flow. There are no shortage of brokers, but look for one that is knowledgable in Investment portfolios. 

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Denver McClure
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  • Financial Advisor
  • Dallas, TX
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Denver McClure
Pro Member
  • Financial Advisor
  • Dallas, TX
Replied Sep 18 2023, 15:45

@Stanley J Black can help!

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Hunter Terryn
Pro Member
  • Birmingham, AL
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Hunter Terryn
Pro Member
  • Birmingham, AL
Replied Oct 26 2023, 13:51

Hi Cheryl,

I have several folks that I've either worked with personally for my own properties or that have helped my clients. Happy to share my short list, just send me a direct message and I'll forward over to you!

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Cheryl Burd
Pro Member
  • Laguna Hills, CA
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28
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Cheryl Burd
Pro Member
  • Laguna Hills, CA
Replied Oct 26 2023, 21:40
thanks, much appreciated

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Brian Howse
  • Insurance Agent
  • Charlotte, NC
10
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57
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Brian Howse
  • Insurance Agent
  • Charlotte, NC
Replied Dec 1 2023, 09:13
Quote from @Cheryl Burd:

Hello Community,

My landlord insurance policy is up for renewal on my SFR in the Birmingham area and the premium has increased significantly-this is without any claims ever filed! Can anyone recommend any rock star insurance agents?

Much appreciation & thank you!


Give Kaleb Tindall- 205-532-8930 a call. He is awesome!! 

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Cheryl Burd
Pro Member
  • Laguna Hills, CA
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28
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Cheryl Burd
Pro Member
  • Laguna Hills, CA
Replied Dec 1 2023, 21:39
thanks!

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Samuel Coronado
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  • Investor
  • Huntsville, AL
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Samuel Coronado
Pro Member
  • Investor
  • Huntsville, AL
Replied Dec 2 2023, 01:23

It's a rough thing that all property investors are going through right now. In order to cover their losses in the market during a downturn, insurance companies rapidly increase their premiums. Some of this is also meant to catch up with the rising wages of tradespeople and the higher equity coverage that needed with the large boost everyone has had in the last couple of years.