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Business Development

You Need an Insurance Agent Like This

How do you find insurance coverage that fits your needs—no over-coverage, no under-overage, just the right coverage?

Cody Sperber here, and while I’m no insurance expert, I do know that insurance is important. Enter a critical member of your Power Team: your insurance agent.

Like a Policeman

Your investor-friendly insurance agent is a little bit like a policeman. Until you need one, you may play down their importance. When you need a good agent, they’re extremely important and it seems you always need them in a hurry.

So don’t shortcut the selection process for this member of your team.

The best-case scenario would be to have an agent who is also a real estate investor. That way they’ll be more in tune with your needs. You’ll need an agent who can offer same-day service. This agent will be able to write policies for both vacant and rental properties.

Ideally, your agent will invest the time to educate you on the different…


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