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Mar 28 2025 57 mins  

Learn the secrets of insurance for real estate investors in Milwaukee.



This class is Module 28 of 46 in a series called Real Estate Investing Secrets.



Topics covered in this module include:




  • Why you should not be penny-wise and pound-foolish with insurance and your real estate investments.

  • The importance of having a strong relationship with your insurance agent/broker as a real estate investor.

  • The difference between a captive insurance agent and an independent insurance broker… and why it matters.

  • Why insurance policies are like snowflakes… and what you need to do about it.

  • The importance of reading and understanding your insurance policies as a real estate investor.

  • The dangers of jargon in insurance policies and what you should do to address insurance jargon.

  • The importance of pausing before making claims with your insurance policies and the considerations to evaluate: should you make a claim?

  • The importance of maximizing coverage limits for real estate investors.

  • Why you should consider an umbrella policy as a real estate investor and what it protects you from… and what it doesn’t typically cover.

  • How protection typically works with insurance on your properties, autos and umbrella.

  • What might it cost and what value of protection might you get from an umbrella insurance policy?

  • Why you should compare the premium/deductible on your properties for deal analysis.

  • What are some holes most insurance policies have and what extra coverages might you get to plug those holes?

  • Understanding replacement cost versus actual cash value as a real estate investor.

  • Understanding the value of extended replacement costs and why it makes sense… especially in fast appreciation markets.

  • How the payout might work for a roof replacement with replacement cost versus actual cash value.

  • What strategies should you insist on extra insurance for the contents of your property?

  • Why should you insist on a renter policy from all your tenants?

  • What are some of the other insurance options you might consider as an investor?

  • Plus much more...



Check out the video and additional resources related to Secrets of Insurance.



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