What Insurance Companies Don’t Tell Property Owners(Public Adjuster Explains) скачать в хорошем качестве

What Insurance Companies Don’t Tell Property Owners(Public Adjuster Explains)

If you’re a Chicago landlord or real estate investor, this episode could save you thousands, or even millions, in insurance mistakes. In Episode 6 of The Housing Providers Show, host Tim Harstead sits down with public adjuster Dorian Bezanis from Alpha Adjusting to break down how insurance claims REALLY work for rental property owners. Most landlords misunderstand their policy, from 3% deductibles to coinsurance penalties and loss of rent coverage. This episode explains the hidden risks that impact Chicago multifamily owners, housing providers, and investors. ______ 00:00 – Introduction of Dorian Bezanis 00:25 – What a public adjuster actually does 02:11 – Why you shouldn’t rely solely on the insurance company’s adjuster 05:50 – Staff adjusters vs. independent adjusters 08:06 – Are insurance companies using outdated pricing? 09:58 – Why relationships matter in insurance claims 12:33 – The appraisal process explained (insurance arbitration) 14:44 – Real-world loss of rent dispute example 16:46 – Loss of rent explained (NOT gross rent) 20:28 – Tenant renters insurance vs landlord policy 24:39 – Why insurance claims take so long 26:02 – Surplus line carriers & shared-risk pools 28:16 – The future of property insurance 29:45 – How carriers are shifting risk to landlords 31:05 – Percentage deductibles explained (3% example) 34:42 – Biggest insurance mistakes landlords make 36:13 – Sewer backup, roof depreciation & code upgrades 40:07 – Coinsurance clause explained 42:26 – Underinsuring your property risk 44:28 – Investment regret & ownership lessons 46:14 – Long-term real estate mindset ______ Subscribe for more insights on: Chicago real estate investing, property management strategies, landlord protection, and housing provider education. Key topics covered: The 3% deductible trap (policy value vs claim value) Coinsurance clause explained for landlords Loss of rent vs gross rent (critical difference) Why insurance claims take months to pay Surplus lines insurance risks Tenant insurance myths Coverage gaps that landlords should never skip Replacement cost vs market value for Chicago buildings Whether you own a 2-flat, 3-flat, or multifamily property in Chicago, understanding insurance structure is essential in today’s rising premium environment. #ChicagoLandlord #RealEstateInvesting #PropertyManagement #MultifamilyInvesting #LandlordTips