#RealEstateInvestorInsurance #GettingTheRightInsuranceCoverage #InsuranceRankings Grant Teach Me Something - Grant Kemp, Guest: James Jenkins
3 Steps To: Choosing the Right Insurance
Grant and James detail the 3 critical elements of choosing the right type of insurance and the best insurance agent for your specific needs. Knowledge is power, look past the company name and dissect the dollar are all key to getting your assets covered properly. Do this BEFORE you have to file a claim, don’t find out the hard way.
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QUIZ
1.What are the three keys to choosing the right insurance?
2.Which rating agency is best for researching insurance companies?
3.What kind of business relationship should your insurance agent be?
4.In Insurance, what is considered “small money” and what is considered “big money”?
5.What are the most common insurance property claims?
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Influence:
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SHOW RUNDOWN
2:03 – THE 3 STEPS TO CHOOSING THE RIGHT INSURANCE
2:34 – #1. KNOWLEDGE IS POWER
3:25 – THE MORE SUCCESS YOU ATTAIN, THE MORE INSURANCE YOU WILL NEED
4:30 – GOOGLE THE AGENT, THEN LOOK ON FACEBOOK
6:47 – EVERY INSURANCE AGENT IS THE SAME, UNTIL YOU HAVE A CLAIM
7:30 – DUE DILIGENCE UP FRONT PAYS OFF
9:43 – YOUR INSURANCE AGENT SHOULD BE MORE OF AN ADVISOR, NOT A SALESMAN
14:55 – KNOW HOW TO ASK QUESTIONS
16:18 - #2. LOOK PAST THE COMPANY NAME
19:35 – AGENCIES THAT RATE INSURANCE COMPANIES
20:28 – THEY RANK THE INSURANCE COMPANIES BASED ON SURPLUS
21:40 – CHECK THE AM BEST RATING FOR COMPANIES YOU ARE UNFAMILIAR WITH
23:50 – QUESTION: HOW IS A TOTAL LOSS PAID OUT?
30:50 – #3. DISSECT THE DOLLAR
33:08 – COST ONLY MATTERS IN THE ABSENCE OF VALUE
35:15 – MOST COMMON CLAIMS: WIND, HAIL, WATER
*The assumptions, views, opinions and insinuations made by the host / guests do not reflect those of Propelio
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