Real Talk With Gary - Real Estate Investing

#118:  Covering All Your Bases With Property Insurance w/ Todd O’Donnell On this week’s show Gary chats with Todd O’Donnell from Desjardins Insurance. Gary has most of his insurance needs covered by Todd and his team - car, home, investment properties and yet this was the first time they had met face to face! They touched on replacement cost vs. Resale prices; whether you *need* home insurance in Canada, and many more things! WHAT YOU’LL LEARN: Replacement costs vs. Resale prices, why the difference? What to do when tenants leave with your insurance to make sure you’re covered Do you need to let your insurer know if you go from single family to multi unit? What to do if you are in the middle or about to start a renovation Do your rates go up with making claims? Umbrella insurance, what it is and how you use it Flood protection and premiums Content insurance for tenants, can you demand it or force them to have it Cottage insurance and coverages Do you *need* home insurance in Canada, and the answer may surpri