Posts by Jack Smith
Three Insurance Mistakes Real Estate Investors Make
Investing is the pursuit of building profits. Buying a single-family, duplex, triplex, quadplex, apartment complex, commercial building, or storage facility is a great first step, but what’s next? Insuring the investment properly. Appropriate insurance is simply investing in the investment… protecting it. As with any attempt to build profit, cashflow is critical; however, sacrificing coverage…
Read MoreInsurance For My Investment Property
With an investment property, it is easy to consider the insurance as merely a cost more than a part of the overall investment. This viewpoint can influence an investor to settle for weak insurance because it improves the cash-flow calculations. While the cheap premiums feel great, what happens when the need for insurance arises? Is…
Read MoreI’m Shopping our Insurance
Why the effort to create competition creates less competition. Cash flow is the lifeblood of every business. While insurance is not something to skimp on, it is also something that needs to be cost-effective. Put another way, business owners and executives want to know their costs are competitive within the industry. So, what is the…
Read MoreLife Insurance
I Don’t Have Life Insurance This is a statement that a significant portion of Americans can truthfully say. But can they also say, “No one depends on my income now or will depend on my income in the future”? Can they also say, “I will have no outstanding debts”? There are many factors that play…
Read MoreInvestment Property
As we first mentioned in our post, “We Do It”, property can be an incredible investment tool. Just like any other investment, property needs to be protected. There are two cornerstone coverages needed: physical property and liability. The investment is in the structure; if a storm comes through, we want to rest easy knowing that…
Read MorePersonal Lines
When’s the last time you sat down and looked through your insurance to see what you are paying and what you are getting? It is a great practice to occasionally “audit” your personal insurance. Do you know what else is out there? Here at The American Insurance Group, we would love to walk through your…
Read MoreWe Do It
When you hear the word insurance, you may think of a television jingle, a bad accident, a pitchy sales presentation, or perhaps health care. I cannot tell you how many times I have heard the words, “Oh, you do that?” even after I told someone I was an insurance agent months ago. So, in an…
Read MoreYoung, Hungry, and Never Complacent
The average age of an insurance agent is 60. Sixty! Full disclosure – I’m 23, and the oldest member of our agency is 34. I’m roughly 40% the age of the average agent, just a couple of years removed from my time at the University of Georgia. It still costs me seven gold doubloons to…
Read MoreWhen Should I Review My Personal Insurance?
Let’s be frank – insurance isn’t something you typically wake up thinking about. I suspect you’re more worried about getting the kids off to school, about traffic, or thinking about what tasks you need to complete at work that day. And while insurance doesn’t need to be on the top of your mind (that’s why…
Read More