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Part 2 on Rental Property Insurance!

Last episode, we went over the nuts and bolts of residential rental property insurance.  We talked all about house hackers, single family home rentals, all the way up to multi-family units and what kind of coverage was important to each circumstance.

Part 2 is where we bring in the professional and interview our broker and insurance agent, Ryan Bravo.

Ryan and his brother Michael have been in insurance since the early 2000’s and took over their father’s booming insurance brokerage when he passed suddenly.  These two are killing it in the insurance industry.

They’ve won countless awards and are among the top 150 Farmers Insurance agencies in the country.  Kevin and I are so lucky to have these guys on our team, for home and for business!

Here’s what we discussed with Ryan:

▪️ The current state of the insurance industry and why many agencies are pulling out of states with a high risk of natural disasters.

▪️ The basics of a rental property policy and what it covers and does NOT.  Plus, what are some riders or endorsements rental property owners should consider adding to their policies.

▪️ Umbrella polices, who should have one? Also, are they needed with the protection of an LLC?

▪️ He gave advice to a listener who submitted a question what to do after losing his insurance after filing a large claim.

▪️ Lastly, he gave five questions rental property owners should be asking new insurance agents when interviewing them.  This is common if you purchase your rentals out of state…

There was A LOT of useful information from the perspective of an insurance agent in this episode.  

Give it a listen and if you love it, will you please do us a favor and leave a kind review on your favorite podcast platform?  This will really help our little podcast grow and reach other DIY landlords.

How to get in touch with Ryan Bravo:

Email: [email protected]

Webpage: https://BravoInsuranceAgency.com 

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