Bigger Cash Flow Podcast 009: Fundamentals of Rental Property Insurance

On this episode you’ll learn:

1) Mel Babtkis, Ross Diversified Insurance Services (experience and services offered to investors

2) Insurance programs for Residential 1-4 unit buildings, and differences between ACV vs Replacement Cost

2) Perils & Coverages

3) How are premiums calculated and what can investors do to get the best rates? How much liability coverage is needed?

4) Deductibles - What type of deductible should an investor get?

5) Process of filing a claim

6) What makes RDIS different from other agents?

7) Asset protection & use of entities - LLC, additional insured (pm), etc.