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Aaron Letzeiser
@letzeiser
Followers
518
Following
933
Statuses
656
Fixing insurance for real estate investors @obieinsurance (YC S19). Spartan. @forbes 30 Under 30.
Chicago
Joined July 2014
@Ins_Brkr @JeffFeldman_ Really profound way that article opened. The reality of what insurance is and does for society, but such a dichotomy with the unfortunate standard ugly and misunderstood public perception it has.
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@RhadamisteX @yishan @beautifullybunk Ask the carrier (or your agent) what the AM Best rating is, which is their credit rating. Generally speaking, you’d want something rated A- or better.
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@yishan @beautifullybunk This isn't accurate. Oftentimes, the policy forms and contracts used in the "surplus" market are the exact same ISO standard forms of the "Admitted" market. What really matters here is the financial strength of the carrier -- admitted or not, and the reinsurance behind them.
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@roshanpateI Been on @Rippling since 2019. Love it. Haven't found anything else that compares. No major issues from 2 to hundreds of employee accounts.
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@SeanODowd15 We’re already seeing a significant shift in investor interest to the Midwest and other markets due to insurance pricing
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@MultifamilyMad @LendCRE Those and Zinsco panels. But if your agent had a good relationship with the insurance underwriter, they may feel charitable to give you 30 days to swap them out with proof as a subjectivity for coverage
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@Bradleyflowers7 Sadly, the payment companies cutting the check think their ancient practices are a feature and not a bug 👎
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@CoyDavidsonCRE Surprisingly, I thought it was going to be madness too. Was there a two hours ago and it was practically empty. Never had an easier time finding a parking spot than tonight
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@adamstatonsmith I’d be checking that roof, breakers, and electrical wiring type. Sounds like this property might have the fun insurance trifecta 👍
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@altcap @FaRodriguezMD Great life saving advice. Hospitals around d country run heart screenings like this one in Chicago. $99. Can’t beat it.
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@ThinkAppraiser @knightrida Not Wan Kenobi either….but happy to take a look at the property to see if we can cover it @obieinsurance. We can also look at appointing your agent as well so they can still write it for you.
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RT @teecogs: We are less than a week out from @ChiTechIRL's event next week. Let me know if you can make it!
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