Key Takeaways
- Annual insurance audits should verify replacement cost coverage, $1M+ liability, 12-month rent loss, flood coverage, and ordinance/law coverage.
- Premium optimization: bundle policies, increase deductibles (with reserves to self-insure), manage claims history, and shop markets every 2 years.
- Separate LLCs for each property create liability isolation that limits exposure from any single catastrophic event.
- Insurance and entity structuring together form an integrated risk transfer strategy.
This track contains subscriber-only lessons
Explore free tracks in this area of study, or subscribe for full access.
Browse available tracks"Portfolio Resilience, Liquidity Planning & Crisis Decision-Making" is a Pro track
Upgrade to access all lessons in this track and the entire curriculum.
Test Your Knowledge
1.What percentage of flood insurance claims occur outside designated high-risk flood zones?
2.What is the recommended minimum liability coverage per occurrence for rental property investors?
3.How much have insurance premiums increased in many markets since 2020?