Shawn Woedl, SVP of National Real Estate Insurance Group (NREIG), is on the show to discuss questions you should be asking when you are looking into insurance coverage. If you have been (or could be) impacted by hurricanes or wildfires, we get into property insurance rates. Be sure to check-in with your agent or policy holder to make sure you are updated and you have the correct coverage.
Are you branching out with your investments? We are discussing alternative opportunities for investment like Airbnb and cannabis. You read that correctly — cannabis. You want to be careful with liabilities and make sure you are covered.
When deciding on what property coverage to purchase, should I buy replacement cost coverage or is actual cash value sufficient? It all depends on the scenario, but Shawn has the inside scoop for which one you should pick and gives some helpful solutions. Also, premise liability coverage can be harmful without understanding what it covers, so tune in now to make sure you are fully covered!
Find out more about Shawn Woedl and the team at NREIG at http://www.NREIG.com