JF3442: The Truth About Insurance Costs in 2024, and How to Mitigate Them ft. Jeremy Goodrich

In this episode, Joe Cornwell interviews Jeremy Goodrich, as they discuss insurance and risk management in real estate investing. They highlight the importance of a holistic approach, common mistakes, and strategies to mitigate costs. Key Takeaways: Holistic Insurance Understanding: Recognizing the importance of seeing insurance as part of a larger risk management strategy to protect investments. Avoiding Common Mistakes: Learning from typical oversights in risk management, such as inadequate safety practices and documentation. Cost Mitigation Strategies: Implementing methods to handle increasing insurance premiums, including the selection of higher deductibles and choosing the right insurance broker. Jeremy Goodrich | Real Estate Background CEO of Shine Insurance Helps CRE acquisitions and asset management teams build and implement Risk management & insurance strategies Based in: Bloomington, IN Say hi to him at: LinkedIn Best Ever Book: Tribal Branding by Patrick Hanlon Sponsors: Syndication Attorneys Monarch Money My1031Pros Learn more about your ad choices. Visit megaphone.fm/adchoices