Home and Flood Insurance For Home Buyers

• 0:07 - 0:37 
Welcome back everyone to another episode of the real Authority show. I'm your host Rick Harrison. And this week we're going to be talking about home and flood insurance. There's a lot of questions that come up especially down here in Southwest, Florida. You know, what does a homeowner really need to purchase for home homeowners insurance? How do they go about getting flood insurance? What do they need to have ready for the agents in order to get that insurance? And we're going to be joined by Paolo Matata who works with.

• 0:37 - 0:42 
Insurance down here in Southwest Florida, and that's coming up right after this.

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Hello Paulo. How are you doing? Hey, man, I'm doing well. I'm yourself pretty good. Yeah, I really wanted to thank you for joining us today. I know you're going to have some really great information for all of our viewers out there and you know as a real estate agent.

• 1:19 - 1:48 
No, I get asked all kinds of questions when it comes to home owners insurance and especially flood insurance, you know, all the all the different zones down here and the flood certificates and all that stuff that you need. So I know you're going to be able to do a lot better job at explaining all that stuff versus myself. Absolutely. Yeah, at least I'll do my very best. I mean, it's some of it can still get a little bit confusing but I'll definitely be able to shed some light and and simplifying for yourself and for everybody watching perfect.

• 1:49 - 2:19 
Awesome. Well, why don't you start us off just give us a little bad about yourself, you know your background what your company? Yeah, so I've been with Brightway actually just celebrated my 3 year anniversary of the end of last week when into Insurance actually after being a real estate agent for about four years. I was with the Remax up in Tampa and Sarasota area. I grew up here in Naples. My family was still down here. I came back to Naples and Men.

• 2:19 - 2:49 
Sam kassar the agency owner talk to him a little bit about what insurance was all about and with my real estate experience and background the transition was super simple. I fell in love with it. And now I'm the branch manager of our Naples location. So I'm loving it. There's always something new to learn very similar to real estate. There's a lot of things that transfer from one industry to the other. So I feel that it's really put me in a wonderful position.

• 2:49 - 3:19 
Action on the insurance side of things help explain things on the real estate side because I have worn both shoes. So yeah, so now I'm just doing the insurance thing. I still am license as a real estate agent. I just don't really practice that as much or at really at all besides of the insurance because it keeps him busy enough thankfully. So right right. Awesome. Well, you know, I know we have a I'm sure we're going to be able to cover all this but I know we have a lot of.

• 3:19 - 3:49 
Information and a lot of this stuff is sure stuff that you know is really key and it's pretty basic I think for you know for homeowners, but there is a lot here and I know I don't want to spend spend any more time waiting because we do have a lot to cover sure. No, absolutely. Absolutely. Yeah, let's let's get into it for sure. All right. So while you know, I guess the biggest question is what types of homeowners insurance or just home insurance in general.

• 3:49 - 4:19 
Oil is there and how do they differ? Um, well, there's I mean the types of insurance there's your standard just primary home and your secondary home, you know home that's not rented out is single family home is one type of policy. It's called an ho3 not to get into Super details, but that's one type of policy if it's a single family home and it's rented out at all. I talked to a lot of clients. I.

• 4:19 - 4:48 
My only rented for a month or two or a couple of weeks out of the year you need and should have a completely different type of policy that salt dp3 policy for single family homes now condos there go on a policy that's called an h o 6 and whether it's your primary secondary rented out that is still in hl6. It's just endorse differently, but a lot of people start off with it being a secondary home not realizing that if they ever decide to rent it.

• 4:49 - 5:19 
That it is a completely different type of policy. So that's the long and short of it, you know, obviously there's levels to that but that's the base three major types of policies that we write here in Florida. So the ho3 or your primary and secondary dp3 for any sort of rental single family and all your condos are written on what's called an h o 6 policy. So those are the three big ones that we we deal with there's others, but no need to.

• 5:22 - 5:49 
Well, I know a big question I always get to is you know, how do you how do you determine the different prices for the different plans? Like what goes into determining those plans? So I mean lots of variables age location of the home a couple of the real big things. So if I guess related to real estate agents and their clients and what do they need to.

• 5:49 - 6:19 
To get the most accurate pricing obviously the address of the home and then depending on the age of the home. We would need different inspection report. So a wind mitigation report is required. I'm a home that's a 2001 or newer or sorry 2001 or older. We're going to need a wind mitigation report. There's a real big building code change regarding roofs in 2002. So anything 2002 or newer it's not required. But if there's one.

• 6:19 - 6:49 
Round in the roof has been replaced. It's could help. So the wind mitigation report plays a part in the pricing before point inspection on homes that are 30 years or older. It doesn't have anything to do with pricing but does have things to do with eligibility and depending on the age of things the age of the roof where the age of the water heater or air conditioner or the electrical panel the type of electrical panel doesn't necessarily impact pricing. But which carrier.

• 6:49 - 7:19 
But it's going to fall into and which carrier guidelines it's going to be accepted or denied by so it is kind of a lot of questions that we ask of front of me a lot of the times that's what we just want the address. We can usually find a lot of that stuff out ourselves just with permits on file and all that but a lot of different variables that come into play as far as which carriers are going to accept it and then obviously the pricing, you know extends from there Melinda location to if it's.

• 7:19 - 7:46 
You know within half a mile of the coast, we're already losing a couple of carriers because they don't write that close to the to the edge, you know to the coastline. So all those different things kind of come into play deciding number one, which company that is going to work and then number two the pricing, you know, it's right. So with that when it comes to in the inspections are there are there certain types of.

• 7:47 - 8:17 
I guess issues that might cause a problem for the homeowner getting Insurance. Like let's say the electrical box doesn't meet code. Is that going to be a problem for them or it can be so I mean the the carriers and us we go off of what those four point inspections say so one of the most common things that we probably all see is the double tap the double tap on an inspection report a buyer usually sees that and sounds that sounds hair toward hit like terrible and that's terrifying.

• 8:18 - 8:47 
I mean it is something needs to get fixed. We'll get Mark unsatisfactory on the 4.2. Obviously Superior. It's all about risk assessment. I mean, that's the thing with insurance. It's the carrier's taking on a risk. So obviously they want to take on his little risk exposure as possible. So if there's anything on a four point inspection specifically the for point because obviously the standard homeowners like inspection 30 40 50 pages and that's their job.

• 8:47 - 9:17 
Job to point out all those little things if we turn those into carriers, I don't think anybody would but the four-point I mean the roof the electrical the plumbing system in the air conditioning system. Those are the four major things that they just want to make sure our properly functioning. So if there is something deficient on one of those areas or Mark unsatisfactory, it's not that the whole automatically becomes insurable or uninsured.

• 9:17 - 9:47 
Herbal, it just becomes more challenging like earlier I mentioned which carrier bucket. Is it going to fall into right mean the more of those issues? It has the less and less, you know carrier options we have so, you know people here polybutylene piping and they forget out not a lot of carriers want it it's true. It's something you can't get insurance. It's that your options are limited. We have carrier options that can still ensure polybutylene home. Is it as cheap as.

• 9:47 - 10:17 
Other carrier. No, but they'll do it, you know least gets you closed and you can update your plumbing from there and a lot of the clients I talk to are cool with that. They want to buy the house do what they got to do. And then we can always rewrite them a policy, you know down the road. So, right. Okay, what kinds of either documents are what I guess how does a homeowner prepare? What should they be giving to the insurance agent or what do they need to get together for documents to give to the agency? Yes, so.

• 10:17 - 10:47 
What I tell people our realtors that I work with loan officers is the same if the client has or when the client has a home in their crosshairs, whether they've actually gone under contract or not. We could still put together a preliminary quote. So get your insurance agent your full name your date of birth and your previous address those items are used to quote every carrier runs what's called an insurance or somewhat related to credit score. It's not a.

• 10:47 - 11:17 
True not exactly the same because we don't use your social but we need your date of birth your name and your prior address is an insurance for because it'll pull up any prior claims like all that type of stuff all that follows along with you, but with that information and the property address of the new home we can at least get that ball rolling and figure out what else would be needed because if I get that info and I find out it's a 2010 built home with a tile roof, and I've got everyone your.

• 11:17 - 11:47 
Your date of birth and everything then I don't need anything more. You know that I can go ahead and give you an accurate quote if it's a home from the 70s and I'm going to need inspections and all those types of things, right? So, how does a I guess how does a homeowner go about choosing the right insurance? Is that something that the agent does or is well, not every agent is the same. I mean so bright way Insurance were broker. We represent multiple carriers every agency is a little.

• 11:47 - 12:17 
Different you know if it's a captive agent likes like, you know, like a State Farm or an All-State where they you know, their specific products and maybe a couple of other options are an independent agency where they've got 10 15 20 plus companies that they represent, you know, it fluctuates, but from there, it's really determining which carrier best fits the question members needs for the for Price up there.

• 12:17 - 12:46 
Happy with so it's very individualized because you know, every customers needs and wants are different. So it really just ask the koala ask the questions to your agent when you're getting a quote and you're reviewing it. I mean I spend most of my day just line by line going through what what means but I have found that at the end of that the person feels better at spending the two or three grand a year that they're spending their insurance on because they know and understand what they're paying for and.

• 12:47 - 13:16 
Or stay on the flip side of that. I get a lot of people that come to me after the fact like oh, well, I just bought the cheap insurance, but now I don't have insurance for XYZ. It's like I know it's and it's and it stinks because then people like they get upset but it's at the same times the they just either didn't know better on the front end. They didn't ask any questions. They just trust that everybody in front of them which in a perfect world is ideal. But you know, if it's cheaper it's not always better obviously.

• 13:18 - 13:47 
Yeah, I think that's one of the reasons I'm doing this show here because you want to try to help people, you know, get the information before they make the decisions. Yeah, and there's so much. I mean there's so much I could we could talk about insurance for our I could at least four hours and it's somewhat boring to others but it's really important. Like I said because what's important to you may not be important to me and your homeowners policy is pretty customizable with that type of stuff and every age.

• 13:47 - 14:17 
It has their own style, of course, but the coverages are the coverages that they're pretty black-and-white you either you have it or you don't type of a deal but if you know, I think after Irma a lot of people are becoming a lot more educated because they all quickly discovered what they did or unfortunately did not have free coverages. So I'm finding a lot of people are asking a lot more questions which I love because like I said, then after it's all said and done there's no.

• 14:17 - 14:46 
In of do I have it? Why not have that like my cover to my not covered? So yeah right now are there differences between getting the insurance policies between let's say a single family house with an HOA versus a condo versus a mobile home unit. It will like with with like specifically with the HOA being involved or yeah, like is there a different procedure that needs to happen or is there a different insurance coverages for them?

• 14:48 - 15:17 
I mean not really well for a from a condo to a single-family home. Yes, because single-family home your policies ensuring the entire structure, you know the roof the building the inside. I mean all of it where if you're in a condo or townhome or even an attached Villa, you know, but it also depends on the association's master policy. But if the association covers the roof and the outside of the building then you're going to need one.

• 15:17 - 15:47 
What I mentioned earlier that ho 6 policy where it's just when you open your front door. That's what you're covering the walls, you know the drywall in the flooring everything on the inside. That's your policy. So same thing with manufactured home. A lot of times you own the structure. So you're ensuring the structure you may or may not own the land which is fine because we don't insure the land. Anyway, I mean lands hopefully not going in so there's that so that's probably the big difference and we do get a lot of these.

• 15:47 - 16:17 
Town homes or tax bill has where you would think it's a condo but depending on the association that I know we don't cover the roof. We don't cover the exterior of the building. So if you share a roof with three other people, he better least be friendly enough to talk about insurance because if half of your roof goes and you're attached to the other person, all three of those insurance companies potentially would have to coordinate and work together because you know, you're one third that you're responsible.

• 16:17 - 16:46 
For your company's not going to pay for the holder if that's where it gets a little more complicated. I don't go into that but it all depends on the HOA and how they cover the buildings. But if it's a single family home most of the time it's all yours to take care of and then if it's attached or condo or townhouse you would just want to verify with the association's master policy how they cover that structure or if they don't if they don't then you need a nature of three, you know for your for your house.

• 16:47 - 17:17 
Okay with the I guess a second second home or let's say somebody wants to purchase a rental property or they want to purchase property for rental. What are they? Let's say they purchase a property because I just had this happen actually, okay purchased a property in a high-rise. So the building has their own policy for right building itself. What's the difference there in getting how I guess the procedure?

• 17:17 - 17:47 
More of what the difference is of they have to get what do they have to get from the actual Condo Association to provide to the insurance agency? Well, depending on the age of the building would be the wind mitigation report. So on those high-rises most of them are older than 2002 so in then if it's for more stories, they're all pretty much constructed the same way reinforced concrete poured concrete.

• 17:47 - 18:17 
Crete so those are wind mitigation credits or more or less going to be the same if therefore plus, you know levels but we still need that document if the wind mitigation report for those those types of buildings if it's a newer building which there are some that are built after 2002 not necessary because it's going to already kind of by default get those discounts and credits but with those types of examples the high-rise condo unit owners where you're just ensuring.

• 18:17 - 18:46 
The unit itself, whether it's rented or not rented primary secondary. Otherwise, it'll still be that hl6 condo policy. And then the wind mitigation is just going to even though your insurance is not covering the roof. It's still a part of how the pricing is determined for that unit. So that's why we would need that. But other than that nothing else really we don't need like the bylaws of the HOA or any of that type of stuff.

• 18:48 - 19:17 
We do ask if it's rented, you know, what's the minimum rentals that you're going to be doing a timeframe? So you're going to be doing a weekly weekly rentals 30-day minimums because that doesn't affect affect the rate on the insurance side because if you've got different renters in there every week, obviously, it's a higher risk more turn around then it's going to cost a little bit more than if it's an annual rental or monthly or otherwise. All right. All right, I think.

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Next big topic that a lot of people are really unclear about down here is when it comes to flood insurance and understanding the different zones and how that affects their rates and all that stuff. So let's just starting out what it when is flood insurance required on a home or condo? Sure. So I'm going to start off with saying that everywhere in the State of Florida is a flood zone. There is the X5.

• 19:47 - 20:17 
Flood zone the preferred flood zone that is the one and only Zone where the lender is not going to require flood insurance. I hear it all too often. Like I'm not in a flood zone say no. Well technically you are but you're just in that preferred flood zone where your you don't have to buy it, but we are seeing FEMA rezoning a lot of Lee and Collier County specifically where a whole might have been the X own X number of years ago, but now they're slowly rezoning them. So.

• 20:17 - 20:47 
You're not at this moment. It might be coming down the pipeline in the next I don't know exactly when but it might happen Okay, the property is in a Zone any other Zone besides X There's A lender involved. You're going to have to buy the flood insurance. Now if it's a condo nine out of ten times, the condo does have a master flood policy that will at least satisfy what the lenders looking for because the letter.

• 20:47 - 21:17 
There's not really worried about your personal property. They're just worried about what their lending you money for the the unit. So most of the time the Master Association flood policy will satisfy the lender so you won't necessarily have to buy anything additional unless you want to which I would recommend first second floor because you know, it can happen any floor higher than that. I'm not saying you don't ever need it it just for you to actually utilize your flood insurance on a higher level floor.

• 21:17 - 21:47 
The entire building would have to be deemed like just ruined or condemned because of flood damage. So then they have to knock the building down and rebuild it which I guess could happen. It's just it's extremely rare that something that severe would happen with the condos pick with you master master Association over just first and if that satisfies your lender, you're good to go. Of course, you can always buy more from there and go single family homes. There's.

• 21:47 - 22:17 
Singing place. So if you're in a Zone other than x own you're going to need the flood insurance and your insurance agent is going to need elevations are not always there are certain cases where if the home was built before the flood map was made. So for example earlier today, I was quoting a home that was built in 1973, but FEMA didn't do their first flood map there until 1979 so I could quote it and it's like a worst-case scenario.

• 22:17 - 22:45 
Mario quote. It's like the price can't go higher than that getting an elevation certificate might help. It's like a 50/50 shot and helping reduce that price. So there's one situation where you would be an AE Zone and not need an elevation certificate if it's older, but if it's a newer home chances are you're going to need an elevation certificate to get the most accurate price for yourself, okay.

• 22:48 - 23:17 
I know actually a previous and it was with your company. I know one of my previous clients was working and she had purchased a house and the original owner had owned it for quite a while. I think it was before even the the flood zones were mapped. So I didn't have a flood certificate but the owner wanted to see if there was another way to get insured without having to get the flooded certificate because I.

• 23:17 - 23:47 
I know that, you know can be pricey and it can take quite a bit of time one of the ways that one of the agents had brought up was can you talk to that homeowners original company and see if they will just put you on the policy and flip your is that something that a lot of insurance companies can do? Yes. So if it's a if the current owners have a FEMA flood policy and it's you know currently like a owned and it's a primary home and the new.

• 23:47 - 24:17 
We are going to buy it and it's a primary home. You can do what's called a rollover with FEMA. Yes, so that is possible now. However, if I'm the owner of the home, I've lived there for 30 years. I've got the flood insurance for the last 10 years and you're buying it. But you're going to use it as an annual rental investment property. You can't roll that over because it's rated differently as an investment rental property by FEMA that a primary or even a secondary home that I currently have.

• 24:17 - 24:47 
Have it insured like so if it's the use for the occupancy of the home is going to be the same then yes that rollover option is is valid if it's going to be used differently than know and now how I mean I never got anything specific because luckily we didn't have to go that far into getting elevation certificate. But okay, how does somebody go about getting an elevation certificate? How much does it cost and.

• 24:47 - 25:17 
How long does it take for FEMA to do that? Sure, yeah, so the elevation certificates are actually done on usually by the survey companies. So if we're going through just to traditional purchasing or transaction where there's a lender involved Title Company, you know, everybody's got their roles whenever they order the survey to be completed, which usually they're ordering a new survey for that that purchase they are hopefully and they should be ordering the elevation certificate.

• 25:17 - 25:47 
To be done at the same time because the survey companies are the ones who do the elevation certificates as well. So usually when they're added to the survey, it's not that much maybe a hundred or two hundred dollars, you know additional there are you can also just call a survey company any survey company and just hey can I need I need just an elevation certificate done and they cost about a hundred fifty to two hundred dollars. You know, it's just easier to have.

• 25:47 - 26:17 
Do both the survey and the elevation certificate while they're out there anyway, but if you need one done like say you own the house you were in The X own and now you're in a new flood zone and you need to buy one because your lenders like hey now, you're in a flood zone call Survey Company. Yeah one down probably about $200 and usually I mean depending on their how busy they are. Let's say 7 to 10 days. Typically you should be able to get one, you know, put together some companies do offer a rush.

• 26:17 - 26:47 
Shhhh, if you need need one, like, you know within a couple of days though charge a little bit extra and you can get one done with matter of couple of days if need be there's that option as well. Okay. Now you said usually you can order it with were you talking about with when the title company does their title search and everything they usually will order? Yeah. Well, they it somebody has to ask somebody who's going to do it. So first and foremost get an address to your in.

• 26:47 - 27:17 
It's agent have them confirm what zone you're is it you're in the lenders usually pretty good at confirming with the FEMA maps to what zone it's in and whether they're going to require it or not. If so, then start asking the question to the lender or to the title company. Hey who's ordering my elevation certificate because a lot of the times it's kind of an afterthought as we all know in real estate transactions. It's like, oh, yeah, we needed that two weeks ago. So I would ask up front. Do I need flood insurance?

• 27:17 - 27:47 
Curren and number two who's ordering my elevation certificate as if no one's doing it. Then I'll do it or you know, just but yeah, they when they're ordering the survey which is usually the fight the title company I think is typically who orders the survey to be done or they should hopefully be adding that to it as well. Okay. Yeah now is there any other I guess not really back doorways, but any other work around?

• 27:47 - 28:17 
In order for a homeowner to get flood insurance for sure. There are private flood options as well. So everything we were talking about up to write this till this moment was strictly going through FEMA to get a FEMA flood policy because those are typically the best options as far as cost because you know, it's subsidized by the government and it helps keeps the pricing lower but there are private flood carrier options with that we have and most agents have in more and more lenders are accepting.

• 28:17 - 28:46 
Any of that so that would be the first question is ask your lender. If a private flood option is accepted by the type of loan that you're doing or your specific lender is they're not all open to that yet more and more are but I'd be number one and the number two private flood carriers may or may not require the elevation certificate then we just plug in the address plug in the coverage limits that are desired will get a rate.

• 28:47 - 29:17 
You know, you're ready to get it issued and rock and roll. So okay and they're still just as competitive as I mean, sometimes it's statistically a little bit more expensive than FEMA rates. But you know, if it's not you need really quick you don't have time to the elevation certificate or you know case situations that you just need something like yesterday. You can do that at private flood as long as it's accepted by your.

• 29:17 - 29:47 
Or by your lender because if it's not accepted by them, then obviously, there's no point in even going that route. So right. All right. Well, are there any other types of home insurance or just Insurance in general that a homeowner who's buying a brand-new home should be considering as an option? Yeah. Well, so it's not necessarily specifically to homes, you know, as people acquire assets which obviously a home is usually one of our largest assets.

• 29:47 - 30:17 
We all have cars so long with your you know auto insurance you should or can get an umbrella policy which is just additional liability coverage. So as we all get older and we make more money, we have more assets. So you buy a four hundred thousand dollar home. You've got money in the bank. You've got cars. You've got a family whatever the case is you having extra liability coverage for yourself is a great idea because if you've got some money.

• 30:17 - 30:47 
I scrolled away in a savings account and you've got your home that you bought now and God forbid. I am at fault and I hate you. I'm in a car accident and you're not able to work for 6 Plus months and you're the breadwinner for your family. Now your family and you or you're going to come after me and sue me for half a million dollars because of loss of income and whatever else so if I don't have, you know, most car insurance.

• 30:47 - 31:17 
Policies Will You Know cover whatever your limits of liability are. Hopefully you have at least 100 300 or higher, but were you that's a different conversation we can talk about car insurance. But if you get sued for half a million or a million dollars and you don't have an umbrella policy that protects you in that instance and that money you have squirreled away in your in your savings account is gone, you know, they can put a lien on your house. You may not have any money, but you own that house. I'm not going to kick you out.

• 31:17 - 31:47 
I'll put a lien on it. So that day you do go decide to sell it like oh, well that first half a million dollars is coming to us and you got nothing so and then a million dollar umbrella policy in range. I mean a couple hundred bucks a year three to five hundred dollars a year give or take I mean depending on your driving record and all of that jazz, but that's one thing that I would recommend more with or you can do what's called a standalone premise premises only liability so say, you know, you're not really worried about.

• 31:47 - 32:17 
You know people come in after the money in the bank or your assets in general, but you have kids and you're going to have pool parties at your house and your you know little Tommy's coming over and he's a klutz. You can buy a million dollar or two million dollar premises only liability. So extra liability on your property that if little Timmy cracks his head on the pool deck and his parents want to sue you because he hurt himself for a million dollars or whatever, you know, most homeowners policies cover.

• 32:17 - 32:47 
Even a hundred thousand to five hundred thousand, but you can buy an extra million or two on top and I think the extra Millions less than $200 a year and it's a separate policy. So the first three hundred or five hundred thousand would be in built into your standard homeowners policy. You can have that extra million or less than 200 bucks and then, you know have those kids birthday parties which is kind of an extra piece of mind that you're not going to get sued if somebody gets hurt, you know, so that would be one thing I would recommend.

• 32:48 - 33:17 
Extra but before all of that just make sure you understand what you've got in the first place. Like I was saying earlier a lot of people just look at what's my bottom line? Okay, sounds good. Send it through and then fast forward Burma 2.0 happens and they're getting denied a claim and yelling at the carrier when it's really it was the policy terms that you agreed to so that's.

• 33:17 - 33:35 
The biggest piece of advice would just be ask your agent to explain what your coverages are they should do it. That's what we're licensed to do. And if they're not doing that or they're too busy to do that. I'm going to get yourself a different agent because they need to explain to you what you're paying for, right?

• 33:36 - 34:06 
Well, you brought up another point that I guess has come up a couple times when especially when it comes to like condos and stuff like that. But how about pets? You know, sometimes dogs could be a real issue when it comes to insurance and people yes yet bit and sued. How do they cover themselves for things like that? Yes. No, that is a great one animal liability. So that is separate. So every policy does have just personal liability that's included. You can go down to as low as a hundred thousand but.

• 34:06 - 34:36 
We usually sell at least three hundred thousand or more it because the price difference is so minimal but a lot of carriers that animal liability is a separate endorsement that you have to add usually does not come by default. So if you have an animal you want to make sure you've got that animal liability coverage added to your policy. Every carrier has different limits. So that would be the second question is number one. I want to add it to my policy if it's not there then.

• 34:36 - 35:06 
Her to what is the limit because some carriers might only be 25,000 or 50,000 or max out of a hundred thousand or they'll match what your limits are, you know on the policy itself. But yeah, that's one that's not a default coverage. And if your dog is, obviously one of the dangerous breeds, which I don't agree with the dangerous breeds list, but it exists, but obviously you got your pit bulls and your.

• 35:06 - 35:36 
Ask he's believe it or not or on the Rottweilers. Just the aggressive ones. Even though like wow is right. I think of the most aggressive or not. Yeah, but if it's one of those animals, you still have options but usually the carrier's not going to even offer animal liability. We do have a carrier that sells separate Standalone like animal liability. So it wouldn't be attached to your home owners. It's.

• 35:36 - 36:06 
Not in a it's not cheap, especially if you have one of those types of dogs, but it is available. So it's cheaper though than getting sued for large amount of money. That's one option. And then the other option is if your dog even if it's not on that list, but it has a bite history at all. It becomes more challenging the think with that Standalone pet option. I'm they might accept one bite like previous bite, but that's.

• 36:06 - 36:36 
One thing that it will be extra hard to find coverage for is if your dog has any sort of history of fighting a person or another dog. Now if the homeowner has a dog that is either on that list or has a bite history. How is that going to affect the homeowners insurance? Probably not much. I mean if they're with a carrier that it does not accept that dog and they find out that they have that dog. They may you know it.

• 36:36 - 37:06 
It's like issue a cancellation notice just saying. Hey, you have a dog that doesn't fit in our company, you know our guidelines you need to find coverage elsewhere which we have carriers. Like I wrote a policy for a home that has two pit bulls. We told them that they had pit bulls. They don't have any bite history and a carriers like okay, that's fine. We're fine with pit bulls, but we are do not offer the animal liability. So if that people have a good word to bite someone.

• 37:06 - 37:36 
They don't have coverage for it, but be transparent and up front. I mean there are options for you for people that have everyone has all different types of dogs. So don't lie you want because you don't want it to come out later that you had a completely unrelated claim, but then the they come out and they realize you have a pit bull and they're like, well, we're going to deny the whole thing because you lied about the Pitbull the first place, you know, which could happen.

• 37:36 - 38:06 
Even they very well could just play that card and not even address why you call them in the first place. They like, oh, there's a dog you shouldn't have here type of thing. So it won't really affect it. As long as you're honest about it, but just tell him what kind of dog you have what the deal is there are options out there. If you have an agent, like I said earlier that some agents only have certain number of carriers. So that agent might tell you I don't have an option for that like just because they genuinely made.

• 38:06 - 38:36 
Stop, but we do a bright way. In other agencies. Do there are companies that take those breeds that are considered aggressive but they will explore the exclude the animal liability. Okay? Well that's good to know. I mean, it's always a question homeowners have about the dogs, especially when they're going into condos and things like that ya know and it may not even be a bite, you know, if you have a an excitable dog who just likes to jump up and like green.

• 38:36 - 39:06 
People but if it jumped up and knocked over a little kid or jumped up and knocked over an elderly, you know neighbor and they got hurt. I mean that they could sue you for you know, if the you the animal hurting them, so that's where your animal liability would come into play for sure and we've seen it. We've seen him around. Alright. Alright. Well, I think I think for the most part that's all the questions I really had about insurance. I think that was you know,.

• 39:06 - 39:36 
I was quite a bit of information for our viewers. So I think that really is going to help a lot of people and I know it would definitely help my clients in the past that I've worked with. So, do you have anything else that you think might be beneficial for our viewers are not not offhand. I mean, I feel like we did go over a lot of like just two key points again. Just drive the point home go over your policy. Make sure you understand what your coverages are and get them explain to you.

• 39:36 - 40:06 
If you don't it's not really the consumer or the real estate agents job to know the ins and outs of it. That's why we exist as the agents and even as a consumer, you don't have to know every like, you know detail, but having a general understanding of what you have more importantly what you don't have on your policy is probably the biggest thing and then if you have any questions, even if you're a client of Brightway Insurance or not, and you guys want to.

• 40:06 - 40:36 
Give me a call or shoot me an e-mail. Please. Feel free up you happy to just make recommendations. If nothing else. Okay that was there anything going on specifically any promotions that you guys are doing or anything for the company itself or even for yourself? No, no real promotions. At least at this time. We do kind of have like a bundle birth with bright way. So we you know, we can take a look.

• 40:36 - 41:06 
At your home along with your Auto and umbrella and kind of you know, see what we can put together for you as a customizable package and get you some great rates, you know, but other than that, no promos per se that we're really running. We're just we're very thorough and we like to make sure we're crossing all of our T's and dotting Oliver eyes. So, you know, if nothing else we just take a lot of pride in what we do and we'll take good care of you guys that so I guess pretty much.

• 41:06 - 41:36 
It's not really a promo. But yeah, awesome. Well is the best way to get ahold of you through your email and your phone number? Yes. Yeah. I mean, I'm on Facebook as well palmitate sobriety weigh-ins you can find me there but my phone number the office phone number 239 those yes. Sorry, didn't I know 1013 818 you can ask for me. Again. My name is Paulo or any other agents on the team and then yeah my.

• 41:36 - 42:06 
My email that you had up there Paulo da Motika I broadway.com again. I'm the manager of our Naples office. Rachel farmer is the manager in Bonita Springs. So you can call either one of those locations. I mean we service the entire State of Florida, so we're not limited to just you know here in Naples or call your Lee County. I know MVPs huge you guys have agents all across the state. I've got a couple MVP agents. I work with in Orlando. So anywhere in the state of Florida.

• 42:06 - 42:36 
We can be awesome and just for the audience who's listening in and not not actually watching the video. The email for Paulo is PA Olo dot Matata M80 ITA at Brightway.com. And for those of you go into my YouTube channel, you can find all of his contact information in the description as well and links to his site. So I'll be putting those up in there for you.

• 42:37 - 43:06 
But otherwise Paulo, I really appreciate your time today and you know all the help that you've all the insights and information that you really shared with our viewers. I know it's going to be a huge help to a lot of people so thank you very much for that. No, absolutely. I want appreciate you having me and then you I just want to quickly one more Shameless plug you mentioned the website. Yeah Brian way right way kassar. So, it's Bri ght KAS SAR.com. You could submit a quote request.

• 43:06 - 43:36 
Right there through our website and you can just put your name your address. And as soon as you hit that I get an email notification and I can get in touch with the that way as well. So yeah, no thanks for having me. I appreciate the opportunity to help shed some light on the craziness that is insurance. But it's like I said, it's not that bad once you get a better understanding of it. So hopefully this is helpful to you and anyone who watches so yeah, no absolutely definitely was.

• 43:36 - 44:06 
I appreciate that and maybe we'll have you on again and we can go into a little bit more deeper stuff on the different types of insurance. Yeah, it sure is a whole nother Beast. Yeah for sure. But uh, but yeah, no, let me know I'll be happy happy to join again. Okay, awesome. Well, I appreciate that. And for those of you guys tuning into my show regularly, it does airs every Saturday at 10 a.m. So I do have another show coming up next week. I know I was on a Hiatus for the last two weeks. I just got back.

• 44:06 - 44:36 
Back from my honeymoon and Disney, so that was fun, but I will be continuing the pick back up every Saturday. You'll also be able to find my my videos three times a week during the week on my channel. So thank you all for listening in to this show, and if you haven't already, please subscribe and like this this video and this podcast and we will see you next week. Alright guys. Thank you.

• 44:36 - 44:37 
And I'm out.