Description

Buying property in flood zones is a daunting prospect for many investors, with high insurance premiums being the main deterrent. But there are ways to reduce insurance costs for flood zone investors, it’s all about doing your due diligence and understanding the options that are available to you. Walking us through the ins and outs of flood zone insurance is the VP of Business Development at National Flood Experts, DJ McClure. Our guest explains how he is able to get his clients huge insurance discounts, why you should always speak to a flood zone expert before walking away from a flood zone property, how the insurance policy works, and the challenges that DJ experiences in his day-to-day operations. If you’ve been eyeing a property in a flood zone or have already acquired one, this episode is for you!

Key Points From This Episode:

• Introducing the VP of Business Development at National Flood Experts, DJ McClure.
• DJ’s professional background and the work he’s currently involved in. 
• His process for getting his clients lower insurance premiums in flood zones. 
• Why it’s wise to seek advice from an expert like DJ before declining a flood zone property. 
• How it’s possible to work with National Flood Experts even if you’ve already acquired property. 
• The way DJ and his team derive their costs. 
• A case study of one of his most challenging projects and how the insurance policy works.
• Everything else you need to know about saving on insurance in flood zones. 

Links Mentioned in Today’s Episode:

DJ McClure on LinkedIn 

DJ McClure Email

National Flood Experts 

FEMA Flood Insurance

Asset Management Mastery Facebook Group

Break of Day Capital
Break of Day Capital Instagram

Break of Day Capital YouTube

Gary Lipsky on LinkedIn

Joseph Fang on LinkedIn