Insurance is no longer a line item investors can afford to gloss over. In this episode of The Academy Presents Real Estate Investing Rocks, Angel sits down with insurance expert JT to unpack why rising insurance costs are killing deals, how carriers are exiting key markets, and why getting an insurance quote early can save you months of wasted time and lost momentum.
From underwriting surprises to negotiating around major claims, this conversation gives investors real-world insight into navigating today’s insurance landscape with clarity and confidence.
Topics Covered
• Why 90 percent of millionaires invest in real estate and what new investors should focus on first
• How insurance costs can double underwriting assumptions and derail deals
• Why investors should contact an insurance broker before submitting an LOI
• The real reasons insurance premiums are rising across multifamily markets
• How major events like the Texas freeze reshaped the insurance industry
• Why some insurance carriers are leaving multifamily and habitational risk entirely
• How to negotiate purchase prices when properties have open or large insurance claims
• Practical strategies to avoid falling in love with a deal too early
Quotes
“Talk about wasting time. You can spend 30 minutes getting an insurance estimate upfront, or three months getting a deal killed later.”
“That’s why you shouldn’t fall in love with the property. The numbers have to work before the emotions do.”
Connect with Angel: https://www.linkedin.com/in/angel-williams-re/
Connect with JT : https://www.linkedin.com/in/jtlynchrameyking/