In this insider episode of the Real Estate Lowdown, Scott Phillips, Senior VP of SES, a leading insurance solutions provider for the real estate sector pulls back the curtain on the often misunderstood world of property insurance in today's volatile market.
Discover how SES leverages relationships with major carriers like Lloyds and Chubb to create tailored insurance policies for residential rental properties. Scott reveals surprising industry insights, including that 80% of the rental market consists of small landlords with five or fewer properties.
As extreme weather events become more frequent and severe, Scott shares invaluable strategies for managing rising insurance costs, including:
• The three core insurance programs every real estate investor should know
• Smart approaches to deductible structures that can save you money
• How technology is revolutionizing risk prevention
• Why property management controls are crucial for risk mitigation
Whether you're a seasoned investor or just starting out, this conversation delivers actionable insights to help you masterfully navigate the complex insurance landscape and protect your real estate investments more effectively.
Connect further with Scott Phillips at LinkedIn linkedin.com/in/sphillipsmba, SES Risk Solutions https://www.ses-ins.com or email scott.phillips@ses-ins.com.
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