Do You Need Natural Disaster Insurance?

If you live in an area that is susceptible to natural disasters – hurricanes, floods, earthquakes and the like – then you might need natural disaster insurance coverage. On this episode of Big Money Real Estate, Ilyce talks with Mary Comerio, Professor of the Graduate School in the Department of Architecture at the University of California, Berkeley. She’s an expert in natural disaster loss mitigation, particularly earthquakes, given her location in Northern California, and she has some useful advice for anyone who owns property in an area at risk of incurring damage from a natural disaster. So should you buy a specialized insurance policy to supplement your homeowners insurance? Watch to find out. For a link to Mary Comerio’s research, click here. And check out Ilyce’s Intentional Investor Series to learn everything you need to know to become a successful investor in real estate. Looking for more of Ilyce’s real estate and personal finance tips? Read her blog, see her tweets and follow her on Facebook.
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Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.