#10: Navigating Insurance with Expert Advisor David Hurd

Navigating Insurance with Expert Advisor David Hurd In this episode of the Build It Keep It Podcast, host Ted Murphy welcomes special guest David Hurd, co-founder of Sublime Choice Insurance. David shares his extensive background in both the medical and insurance fields, illustrating how his problem-solving skills developed in cardiac medicine translate into effective insurance advising. The discussion covers homeowner's insurance, auto insurance, and the importance of life insurance. David shares compelling real-life stories emphasizing the value of comprehensive insurance coverage and the role of insurance advisors in managing risk. Listeners will gain valuable insights into making informed insurance decisions to protect their wealth and family. 00:00 Introduction and Guest Introduction 00:57 David Hurd's Background in Insurance 03:19 Transition to Brokerage and Business Ventures 05:54 Founding Sublime Choice Insurance 08:12 The Importance of Insurance Advisors 12:20 Real-Life Insurance Scenarios 15:43 The Importance of Umbrella Policies 16:24 Auto Insurance Horror Story 18:20 Costco and Insurance: A Comparison 20:19 The Role of an Insurance Advisor 22:24 Introduction to Life Insurance 23:13 The Critical Need for Life Insurance 30:18 Term vs. Whole Life Insurance 37:38 Optimizing Your Retirement Strategy 41:04 Conclusion and Final Thoughts