Negotiating insurance savings while premiums skyrocket - A conversation with Aun Japanwala
Many property owners are seeing double digit increases in insurance policy premiums and it's largely due to increasing weather related claims. Here's what we discover in this conversation with Aun Japanwala, an insurance broker with Lyon & Bulter:
- Listen for the astounding dollar value of total claims for recent weather events.
- Hear the math that insurance companies use to calculate their profitability (and conversely, how much to raise your premium).
- Learn about the factors that determine how much your properties' policies increase.
- How to account for insurance costs when analyzing deals.
- Little hacks to keep your insurance premiums a low as possible.
- How to negotiate a policy renewal.
- Which clauses may not be necessary in your policy that you can remove and save money.
- How you know it's time to find a new insurance broker.
Connect with Aun Japanwala:
Website: https://www.theinsurers.ca/
LinkedIn: https://www.linkedin.com/in/aunjapanwala/
Facebook: https://www.facebook.com/riskandinsurance/
Have your insurance policies spiked this year?
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