Why actual cash value flood insurance is terrible for real estate investors. In this video, we look at how to help protect real estate profits, minimize flood insurance costs, and maximize flood insurance coverages. If you are a real estate investor, watch until the end to protect your profits. ------------------------------------------------------------
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Flood Insurance can feel complicated and confusing. I know I bought a home in a flood zone more than 12 years ago. I was told the flood insurance premiums were going to be $3000 instead of $300.
I got closed on this house and have been helping people over come these same flood insurance obstacles for the last 12 years. This I why we focus on helping people solve the problems with flood insurance and flood zones every day.
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00:00 Introduction
00:49 What is Replacement Cost?
01:08 What is Actual Cash Value?