E63 - Your Guide to Homeowners Insurance with Rich Sabatowski

Insurance is often the most overlooked and undervalued aspect of home ownership. However, this is a type of coverage that pays for the repairs or replacement cost to your home in case it experiences any damage or covers you if someone gets injured on your property. It provides a safety net that can help protect you against everything from material damages to liability claims.

Most people who own a property may know that there are different types of coverage available, but they don't know how to figure out which is best for them. Whether you own a home or are planning to buy one, how do you find the best insurance coverage for your needs, at the best possible price?

In today’s episode of the Expert(ish) Podcast, Jay talks with Rich Sabatowski, Owner and Insurance Agent at Beach Break Insurance Agency, about homeowners insurance, why it is important, and how it covers residential and commercial properties.

Rich started his career in hospitality working his way up from washing dishes, bussing tables, serving and bartending to General Manager of some amazing restaurants. With a passion for helping people protect what they have worked so hard for, Rich and his family moved to San Diego and began laying the groundwork for the Beach Break Insurance Agency. As an independent agency, they do what is best for their clients, providing them the coverage that best fits their needs, at the best possible rates.

Enjoy!

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In This Episode

1:51 - Rich's journey to establishing his own insurance company

8:25 - How Rich served his clients outside his area of expertise

11: 59 - The beauty of owning two to four residential units when it comes to insurance

12:57 - Property insurance for fourplexes

18:44 - Liability protection in the main policy

21:02 - Other ways landlords and investors can protect themselves

23:02 - Why umbrella insurance is beneficial

30:43 - How maintenance and insurance differ for homeowners

39:29 - Why insurance checkups are important

Favorite Quotes

00:02 - "If your investors decide that they're going to allow animals or pets, and that pet bites somebody when they're on a dog walk, that's a big deal. So again, you just want to make sure that as an investor, you're doing everything you can to make sure that you're protected. And one of those important things is to make sure that your tenants have renters insurance." - Rich Sabatowski

2:34 - "I fell in love with the idea of being able to help people protect what they work so hard to earn. It feels really good when you're able to help someone when things don't go as expected." - Rich Sabatowski

12:18 - "The beauty about the duplex, triplex, or fourplex is that they can still be written on a personal alliance policy versus commercial alliance policy. And most insurance companies have a limit on how many units overall one person can own." - Rich Sabatowski

35:32 - "As an investor, you want to make sure that you're providing a safe place for people to live, not for financial reasons or the interest. It's the right thing to do." - Rich Sabatowski

41:47 - "We have two goals. We want to make sure that your rates are reasonable, competitive, and as low as we can pass them, we get them. But we also want to make sure that your coverage is appropriate for what you're doing." - Rich Sabatowski

Engage with Rich Sabatowski

Phone: 619-567-7227

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Beach Break Insurance Agency

Connect with Expert(ish) Podcast Host JAY JOHNSON