Why REAL ESTATE Investors NEED Custom Insurance Coverage (Rental Property Insurance Tips)

What type of insurance policy do you need if you're planning to invest in real estate long-term?
In this video, we delve deep into the world of insurance for business entities with Shawn Woedl from National Real Estate Insurance Group.
Get in contact with National Real Estate Insurance Group 👉affiliate.nreig.com/Anderson
Join us as we explore essential topics such as insuring LLCs and land trusts, understanding insurance options for real estate investors, and why insurance is crucial for safeguarding your investments.
Whether you're a seasoned investor or just starting out, this discussion is packed with valuable insights to help you navigate the complexities of insurance in the real estate industry.
Join us for our FREE upcoming Tax & Asset Protection workshop to better help you meet your goals and secure your future
👉 aba.link/20w
Show Notes:
0:00 Intro
3:57 Why Insurance Isn't Enough
6:50 Liability and Insurance
12:09 Coverage You Need
20:17 Landlord Policy Example
29:21 Working With Real Estate Investors
35:15 Subject-To Deals
39:59 Outro
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FREE REAL ESTATE INVESTMENT STRATEGY SESSION
Claim Your FREE 45-minute Investment Strategy Session to receive business planning tips and asset protection. 👉 aba.link/u73
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FINANCIAL PLANNING & RESOURCES
📚 Order Your Copy of "Next Level Real Estate Asset Protection: Comprehensive Strategies for Investors" Here: 👉 aba.link/nxtlvl
Download your free copy of Un-Tax Yourself eBook and discover the secret to real estate wealth is in the tax deductions. aba.link/1mg
For financial strategies, podcasts, articles, and details on upcoming workshops, visit aba.link/clintaba
Here’s a little about me and my book Asset Protection for Real Estate Investors
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ABOUT CLINT COONS
Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#RealEstateInsurance

[@jdbarrezueta9271]

I agree. I also have the tenants write their initials at the end of each page, even ask them if they understood the terms of the contract. I've had several tenants that had some hardships when paying...talked with them, came to reasonable payment agreement, they've gotten back on their feet and continued paying on time.

[@organizer14]

Very valuable info! Many thanks!!!

[@ClintCoons]

Glad it was helpful!

[@2L8CO]

OMG!...Thank you both for this most informative video. Clint, one of your best for sure. The subjects you chose are spot on, keep it up my friend and I will continue to be here.

[@ClintCoons]

Thanks

[@ClintCoons]

Glad you enjoyed it!

[@NREIG]

Go, Shawn! Great interview, Clint!

[@georgevujadinovic]

Clint, your videos are only getting better. Keep it up and thanks!

[@ClintCoons]

I appreciate that!

[@wompol7117]

❤thank you!

[@organizer14]

Excellent information, who to call at Shawn’s insurance company?

[@ClintCoons]

There is a link in the show notes.

[@dangeiger7651]

Thanks, Clint! Is there any concern about losing anonymity with having several LLCs or your LLC and home policy all in one?

[@ClintCoons]

Not at all

[@dangeiger7651]

Thank you!!