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Umbrella policies are one of the most misunderstood topics in our industry. To clear up the misconceptions, Brooke and Jacqui share everything investors need to know about umbrella and excess liability policies. (Hint: They are not the same thing.)
In this episode, we cover:
- What umbrella policies are (0:43)
- The difference between umbrella and excess liability policies (1:56)
- Additional increased liability options (3:01)
- Umbrella policies misconceptions (4:48)
- What investors should know before purchasing an umbrella or excess liability policy (5:36)
- Why you shouldn't use personal umbrella policies on rental properties (9:16)
- When investors should consider purchasing more liability coverage (11:34)
Follow us so you never miss a future episode!
Gain more real estate knowledge on
Facebook: https://www.facebook.com/NREIGsocial
LinkedIn: https://www.linkedin.com/company/nreigsocial/
YouTube: https://www.youtube.com/@NREIG
Horizon: MFJZLSGL7PAL0KDB
#UmbrellaPolicies #CommercialUmbrellaPolicies #ExcessLiabilityPolicies #PremisesLiability #RealEstateInvesting #RealEstateInsurance #RealEstateInvestor #RealEstateInvestingTips #RealEstateInsuranceTips
By National Real Estate Insurance GroupUmbrella policies are one of the most misunderstood topics in our industry. To clear up the misconceptions, Brooke and Jacqui share everything investors need to know about umbrella and excess liability policies. (Hint: They are not the same thing.)
In this episode, we cover:
- What umbrella policies are (0:43)
- The difference between umbrella and excess liability policies (1:56)
- Additional increased liability options (3:01)
- Umbrella policies misconceptions (4:48)
- What investors should know before purchasing an umbrella or excess liability policy (5:36)
- Why you shouldn't use personal umbrella policies on rental properties (9:16)
- When investors should consider purchasing more liability coverage (11:34)
Follow us so you never miss a future episode!
Gain more real estate knowledge on
Facebook: https://www.facebook.com/NREIGsocial
LinkedIn: https://www.linkedin.com/company/nreigsocial/
YouTube: https://www.youtube.com/@NREIG
Horizon: MFJZLSGL7PAL0KDB
#UmbrellaPolicies #CommercialUmbrellaPolicies #ExcessLiabilityPolicies #PremisesLiability #RealEstateInvesting #RealEstateInsurance #RealEstateInvestor #RealEstateInvestingTips #RealEstateInsuranceTips