39 min

How To Reduce Property Insurance Costs Get Rich Education

    • Investing

You achieved 95% total rate of return if you bought a turnkey property one year ago, on average. 
How can that be true? It’s the “Five Ways Real Estate Pays” revisited.
Get our free, wealth-building “Don’t Quit Your Daydream” newsletter. It’s the real estate industry’s best at: GetRichEducation.com/Letter
Doug Fudge joins us. He’s President and CEO of Fudge Insurance. They are a brokerage where customers get a choice of insurance provider.
Fudge provides insurance in: CA, CO, FL, GA, NC, TN and KY.
He suggests higher deductibles and lower premiums for well-off investors.
Doug & I discuss trade-offs between replacement cost and actual cash value insurance.
Vacant land is generally not insured.
Every policyholder in Florida has had a rate increase in the last year. This is largely due to frivolous lawsuits.
Get a lower insurance rate with property that is: new-build, concrete block (not frame), further inland (not coastal), hip roof (not gable).
Flood and earthquake coverage are separate policies.
We discuss how to administer renters’ insurance and umbrella insurance policies.
Learn which insurance document you should never sign.
Resources mentioned:
Show Notes:
www.GetRichEducation.com/356
Fudge Insurance:
www.FudgeInsurance.com
(407) 965-4253
Get mortgage loans for investment property:
RidgeLendingGroup.com
JWB’s available Florida income property:
www.CashFlowAndGrowth.com
eQRPs: text “EQRP” in ALL CAPS to 72000 or:
eQRP.co
By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.
Best Financial Education:
GetRichEducation.com
Get our free, wealth-building “Don’t Quit Your Daydream Letter”:
www.GetRichEducation.com/Letter
Top Properties & Providers:
GREturnkey.com
Follow us on Instagram:
@getricheducation
Keith’s personal Instagram:
@keithweinhold

You achieved 95% total rate of return if you bought a turnkey property one year ago, on average. 
How can that be true? It’s the “Five Ways Real Estate Pays” revisited.
Get our free, wealth-building “Don’t Quit Your Daydream” newsletter. It’s the real estate industry’s best at: GetRichEducation.com/Letter
Doug Fudge joins us. He’s President and CEO of Fudge Insurance. They are a brokerage where customers get a choice of insurance provider.
Fudge provides insurance in: CA, CO, FL, GA, NC, TN and KY.
He suggests higher deductibles and lower premiums for well-off investors.
Doug & I discuss trade-offs between replacement cost and actual cash value insurance.
Vacant land is generally not insured.
Every policyholder in Florida has had a rate increase in the last year. This is largely due to frivolous lawsuits.
Get a lower insurance rate with property that is: new-build, concrete block (not frame), further inland (not coastal), hip roof (not gable).
Flood and earthquake coverage are separate policies.
We discuss how to administer renters’ insurance and umbrella insurance policies.
Learn which insurance document you should never sign.
Resources mentioned:
Show Notes:
www.GetRichEducation.com/356
Fudge Insurance:
www.FudgeInsurance.com
(407) 965-4253
Get mortgage loans for investment property:
RidgeLendingGroup.com
JWB’s available Florida income property:
www.CashFlowAndGrowth.com
eQRPs: text “EQRP” in ALL CAPS to 72000 or:
eQRP.co
By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.
Best Financial Education:
GetRichEducation.com
Get our free, wealth-building “Don’t Quit Your Daydream Letter”:
www.GetRichEducation.com/Letter
Top Properties & Providers:
GREturnkey.com
Follow us on Instagram:
@getricheducation
Keith’s personal Instagram:
@keithweinhold

39 min