In this episode of The Apartments Operators Podcast, we're taking a deep dive into multi-family insurance. Calvin Roberts joins us to discuss the ins and outs of this important topic, from the basics of what it is to the biggest challenges that multifamily investors face when it comes to property damage and liability. We discussed what multi-family insurance is, the different types of coverage it offers, and how to find the right policy for your needs.
Episode 123: Deep Dive into Multi-Family Insurance with Calvin Roberts
- 00:00 Discussion about how the insurance market is reacting to inflation!
- 01:36 How inflation increases the cost of claims for the insurance companies
- 01:55 How insurance plays a big role for the operators!
- 05:55 Learn the proactive approach to keeping the total cost of risk down
- 06:39 Tenant liability master program
- 14:07 Insurance is important, but getting the right insurance is a necessity.
- 17:50 The importance of getting reliable insurance!
- 19:30 Know what to look for in your insurance policy!
- 26:53 Why it's important to incorporate insurance policy into your leases
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