Express Success: What You Don’t Know About Property Insurance That Can Hurt You
Over and over, year in and year out, we hear from members who didn’t know that their property insurance didn’t cover something that they thought it did.
And sadly, we usually hear about it when there’s a loss that turns out not to be covered.
In this Express Success members-only training, you’ll find out:
- The difference between “Actual cash value” and “replacement cost” insurance, in price and in coverage
- What “co-insurance” is, and why it might cost you tens of thousands of dollars, and why you may have it and not know it
- When and why you might need to CHANGE the policy on a property you already own: when it’s vacant? Under rehab? Finished and rented?
- What an umbrella liability is, and why you might want one IN ADDITION to your property insurance
- Why adding your rental property to your homeowner’s policy might be a mistake, even though your insurance agent says you should, and even though it’s ‘cheaper’
- Things YOU can do to make your investments safer and your insurance a little cheaper
- How to ensure those crazy creative deals you do—subject tos, deals in land trusts, deals that you co-own with someone else, deals you’re SELLING with financing—so that all the RIGHT people are covered by the policy.
This is an important lesson that lots of people don’t learn until it’s too late, so don’t miss it.
If you’re an Express Success member, you’ll get an email telling you how to log in to the meeting.
If you’re not, a membership would make a great Holiday Present to yourself! The benefits are huge, including unlimited online coaching, access to all 21 of our Saturday online workshops at no extra charge, and more!
For MAREI Express Success Students Only