Jeremy Goodrich - 80% of Investors Have the Wrong Insurance; How to Pick the Right Insurance for Your Properties

No one wants to pay for an insurance policy, only to realize in the end that it cannot pay for the damages you did not expect on your properties. Unfortunately, 80% of real estate investors own such a policy. That’s where Jeremy Goodrich comes in. Jeremy is the owner of Shine Insurance Agency, who helps clients choose the right insurance for their real estate business. 

Listen to Jeremy to learn how to pick the right insurance for you!

[00:01 - 05:49] Opening Segment

• Let’s get to know Jeremy Goodrich
• Why insurance is unremarkable according to Jeremy
• His road to commercial real estate

[05:50 - 16:09] The 3 Pillars of Real Estate

• Should you jump from a day job to a business?
  • Listen to Jeremy 
• The cost of freedom from real estate 
• Clarity and connections are 2 of the 3 pillars of real estate

[16:10 - 26:13] Insure Your Properties 

• What is the last pillar of real estate investing? 
• Let’s break down the OODA Loop
• Why you should insure your properties
  • Don’t miss Jeremy’s advice 

[26:14 - 37:05] The Right Insurance Policy 

• Listen to Jeremy to know if you have the right policy
  • What if you have the wrong one? 
• Connect with Jeremy
  • Links below
• Learn from the experts doing the right thing

[37:06 - 43:15] Closing Segment

• Why you should improve your social presence 
• Final words from Jeremy and me 

Tweetable Quotes: 

“The great thing about real estate is you put the sweat equity in and you can make it happen.” - Jeremy Goodrich

“There are great insurance advisors out there. Go find one and don’t stop until you do.” - Jeremy Goodrich

Resources mentioned:

• Our previous episodes:
  • Brain Burke: What You Should Know About Blind Pool Funds
  • Matt Faircloth: Two Great Guys Talking Real Estate
  • Forrest Corral: How I'm Buying a Billion Dollars of Multifamily in My Underwear
• Books
  • The Hands-Off Investor
  • Raising Private Capital
  • The 4-Hour Workweek
• The OODA Loop
• Grant Cardone
• Yonah Weiss

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Connect with Jeremy on LinkedIn and get insured in real estate investing by visiting Shine Insurance Agency! 

Guest email: jeremy@shineinsurance.com  

Are you part of the 80% of commercial real estate investors with the wrong insurance? Find out here. 

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