Wealthy Way Build Your Claim Team & Avoid Coverage Gaps
Oct 9, 2025
Discover why you should never accept the first insurance offer and the crucial role of public adjusters and lawyers. Learn about the risks of vacancy and vandalism that flippers face, and why having the right construction risk policy is vital. Hear a compelling story about winning a denied claim for a mobile home fire, plus tips on when to seek legal advice for home insurance issues. Finally, ensure your coverage is robust by confirming key coverages with your agent to avoid costly gaps.
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Episode notes
Don’t Take The First Offer
- Do not accept quick lowball offers from insurers after an injury or accident.
- Hire a lawyer to avoid negotiating against trained adjusters who aim to minimize payout.
Protect Flips With The Right Policies
- Review your insurance policy carefully for vacancy, vandalism, and theft exclusions.
- If you're flipping houses, get an investment policy and a construction risk policy to stay covered.
Winning A Denied Fire Claim
- Ryan Pineda recalled a fire claim on a secondary mobile home that insurers initially denied.
- After pushing back with his agent they paid replacement value of about $60,000.