How to Pick The RIGHT Insurance Agent

Getting smart commercial real estate insurance for the best price takes the right advisor.

Most insurance companies are scared of the risk that comes with large commercial properties. Other options offer bad coverage for a high price. There are great policies out there but a skilled connected advisor is the key to accessing the best ones for the best price.

Here’s how to pick the right advisor for your investing team:

1. Commit to a Relationship

It’s counter intuitive but shopping with 5 agents is actually a huge mistake. It’s just not how the system works best. Good agents will make companies fight for your business. If there a multiple agents try to make the same companies battle, it actually makes the companies LESS motivated to bring their best price. You win in a variety of ways when you establish a relationship.

2. Expect Clear Pressure-free Communication

Every member of your investing team should be a clear communicator. If you leave conversations more confused than when they started, find someone else.

Avoid pushy sales people. Just like in all things, if an agent is hard selling you, there are likely issues with what they’re offering.

3. Choose an Independent Agent

Independent agents have access to a wide range of companies and make them compete for your business. This means a better price for quality coverage. They can also advocate for you in a claim, switch companies if price goes up, and advise you in a way a company employee can’t.

4. Go with a Commercial Real Estate Specialist

Let’s be real. When you go to any insurance agent and say, “I’ve got a 144 unit apartment, could you give me a quote”, they start to salivate. It’s a big opportunity. But you wouldn’t invest with a rookie taking down a 144 unit solo, so why would you let a rookie protect yours. Expertise is key. Specialized connections with the right companies is too. The best options for commercial real estate are only available through specialists.

5. Ask How Service Works

Many agents will sell a policy and then pass you off to a service center that has no connection to you (or them) at all. Make sure the person you build a connection with will be an integral part of your experience throughout your relationship.

THE REALITY

80% of real estate investors have insurance that will fail them when it matters most.

Insurance should protect you from financial ruin. But there are good options & bad ones. SO MANY investors buy bad ones because…. well…. it’s really hard to tell the difference.

Even veteran investors fall into the cheapest price trap.

That’s why 4 out of 5 policies fail when they’re needed most.

THE SOLUTION

Smart investors level up to a commercial real estate specialist who provides clear guidance, quality coverage, and yes, the best prices in the industry.

ENTER SHINE INSURANCE.

Choosing us provides the peace of mind that you investments are protected and solid advice is always one text, call, or DM away. Success in real estate is all about team. Shine is your solution to the insurance role.