STOP Making These 10 Costly Insurance Mistakes as a Property Investor

Are you a property investor? Avoid these costly insurance mistakes! Learn about the insurance coverage landlords need, from liability coverage, to flood and loss of income insurance, and more.
#propertyinvestor #realestateinvesting #investortips

Find The Best Real Estate Agents In Your Area

In today's episode you'll learn about 10 types of of insurance for landlords and property investors!

Perhaps in all the hustle and bustle that often comes with real estate investing, one of the most vital aspects of thriving rental property investing business is overlooked... Getting adequate insurance for rental property!

If you're wondering, "do landlords need insurance," and what does a landlord policy cover, then your in the right place!

Timeline:
0:00 - Intro
0:44 - PRO TIP: ALWAYS Chat With a Local Insurance Agent About Your Situation and Needs!
1:02- Hazard and Fire Insurance for the Physical Property!
1:13 - Liability Insurance!
1:33 - Sewer Backup Insurance!
1:57 - Flood Insurance for the Physical Property!
2:47 - Terrorism Insurance!
3:12 - Builder's Risk Insurance!
3:55 - Loss of Income Insurance!
4:41 - General Contractor Insurance!
4:57 - Workers Compensation Insurance!
5:20 - Umbrella Policy!
6:13 - Your Turn!

As we move forward together please feel free to reach out to me with any questions or ideas for other videos you would like to see.

Share your savvy answers for what insurance do landlords and property investors need with us in the comments section below. Thank you. Let's continue to learn and grow together as community and team!

If you want help finding one of the best real estate agents in the nation, a CRS please let me know. I'm here to help!

Want to know more about investing in Las Vegas real estate or more about Las Vegas real estate, please let me know. I'm here to help!

Thank you for watching! =)

Enjoy an amazing day!
-Your Real Estate Geek, Andrew Finney

Contact info:
Andrew Finney
USMC Combat Veteran/ Trusted Real Estate Advisor
License #S.0173260 - Las Vegas Realtor

King Realty Group
6955 N. Durango Dr. Suite 1004
Las Vegas, NV 89149

Designations-
Certified Residential Specialist (CRS)
Accredited Buyer's Representative (ABR)
Sellers Representative Specialist (SRS)

Certifications-
Military Relocation Professional (MRP)

Disclaimers/ Credits:

Awesome Music Courtesy of:
Song: Syn Cole - Feel Good [NCS Release]
Music provided by NoCopyRightSounds.

At the time of production, Andrew Finney, S.0173260, is a real estate salesperson at King Realty Group in Las Vegas, NV.

Andrew's videos are his own and do not necessarily represent the views and/ or opinions of KRG.

The purpose of Andrew's videos are to educate you and help you make sense of the real estate process. If you have questions about home loans, real estate, and insurance where you live, you are advised to reach out to a local loan officer, a trusted real estate advisor, and/ or an insurance agent in your area for further counsel about your own unique situation.

Roofstock and Andrew Finney have an affiliate partnership. When you take advantage of using their excellent resources in finding your next rental property around the USA, I will earn a commission. This doesn't cost you a penny, so please use the link. Please know I greatly appreciate you using this link and the commissions earned will assist me in making even better videos moving forward. Thank you!

Video Inspiration:

[leedot]

Marine here,
I’m making my steps with real estate investing. Always watch your videos.

Getting close to getting the first property.

Do you recommend any certain insurance company?

Semper Fi