Property Insurance 101 – What new landlords need to know

Property Insurance is one of the critical components of your risk management strategy and protecting your asset. However, understanding the basics can be tricky; that’s why in this episode, I sit down with my insurance broker Katy Norrell and break down the basics of understanding property insurance. Watch and learn: • The information needed to obtain a quote and when you should start this process • A simplified way to review multiple quotes • How to check insurance company ratings • “Rule of thumb” to determine how much coverage you need • The difference between cash value and replacement costs • Why renters insurance is essential for landlords and how they should be listed on the policy. And much more… Connect with Katy: Email: [email protected] Phone: 703- 546-9783 Cell: 201-679-4353 Connect with Shira: Website: https://www.reichics.com