Securing your property with insurance is an important part of due diligence. Although the common practice is that acquiring insurance is left to the final stages, it is still in the investors’ best interests to secure one early on. In this episode of Highlights, we look back at our conversations with insurance broker J Darrin Gross and Multifamily Risk Advisor Bryan Shimeall.
As a commercial real estate insurance broker, Darrin knows his stuff. Darrin talks about why it’s important to have a trustworthy insurance broker long before a deal is done. By having someone like this on your team, you could easily run properties by them before making any commitments. Meanwhile, Bryan shares what you need to know about insurance in this particular niche, giving us a peek at what they do, how they support their clients, and what their partnership looks like. Looking deeper into the industry, Bryan tackles the problem experienced by habitational insurance, how it is affecting underwriting deals, and more. Listen now and learn some important wisdom about real estate insurance!
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