Why You Need Insurance for Your Group Home!
As many of you know, running a business can be a HIGHLY PROFITABLE VENTURE….but it can also be disastrous!
The great thing about business ownership and property ownership is the ability to protect your downside. The best way to protect your downside?
INSURANCE!
Fires, tenant slip and falls, lawsuits or anything similar probably will happen once you have been in the game for over 20 years like I have.
TODAY I WANT TO SHARE SOME WISDOM REGARDING INSURANCE
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Last month I had an issue pop up similar to one of the things mentioned above. I like to refer to these as Sh** Sandwich Days
ANDY, DO YOU ENJOY EATING
SH** SANDWICHES FOR LUNCH?
No, I don’t.
That’s why I let my insurance company do it for me.
I actually phoned an attorney friend who is one of the largest class action lawyers in the country (think suing Monsanto for Round Up etc.) and I asked him what his goals would be as an attorney with 200+ lawyers and paralegals (HE OWNS THE FIRM)
Here is what he said:
WE WANT YOUR INSURANCE OR WE WANT THE PROPERTY.
This is coming direct from the mouth of one of the most successful lawyers in the country
So each and every month, I write a check (actually everything I do is auto-draft) to the insurance company.
When an issue pops up (knock on wood, I don’t want them to) I simply forward it to the insurance company.
IN OUR FREE 10-PART COURSE, I go over all of this. Where to get the insurance, why you need the insurance, the TYPE of insurance (property, GL, Excess Liability, etc.)
It took me probably 3 years of searching to find this type of insurance. In fact, I did not get it until I received a CONTRACT WITH THE STATE FOR GUARANTEED RENTS and I asked the contract manager who other contract recipients were using.
The reason this information is so valuable is because when you are in Hawaii, Brazil, Napa, The Bahamas or your home town chilling out and checking your bank statements – You want to be cool, calm, collected and RELAXED!
You want to feel great helping others AND CASHING CHECKS without any worry…That is the beauty of insurance!
And that is why WARREN BUFFET LOVES IT! (see the above screen shot – he is getting my money each and every month)
These are some of the tips, tricks and strategies we teach in OUR FREE 10 PART COURSE (CLICK HERE).
Not just insurance tips, but also how the Billionaires like Buffet do things….. think COLLECTING each and every month on auto debit (just like we show you how to do with your GROUP HOME CLIENTS).
