Insurance Issues for The Real Estate Investor - CONCLUSION

[Ivan Oberon]

CONCLUSION:

If you've stuck with me this far, I congratulate you! You are committed to learning and self improvement.

Here is my basic conclusion to this series:

A key take away of all this is work with an insurance advisor that understands the idiosyncrasies of real estate investing. They can be an independent or a “captive” agent. As long as they have a recognition of the challenges that face your investing endeavors, and have access to a carrier (or carriers) that fill your needs (in conjunction with the strategies discussed here), challenge them to get you the best VALUE for your insurance, not the cheapest rate.

Even better, work with an insurance advisor who is also actually an active investor also and who exclusively represents a company who's products and services were all created by seasoned investors FOR investors and are the nationwide leader in residential risk management solutions FOR investors.

Insurance is a gamble. The insurer is betting you won’t need it, while you bet that you will. With the help of a professional insurance advisor, gain enough knowledge to make cognizant decisions on your specific needs. As part of an asset protection plan, it is vital that you are comfortable with your coverage and protection BEFORE you need it. I sincerely hope all your premium dollars go to waste!