Where There Is a Wish, There Is a Way
You probably heard an expression “Where there is a wish, there is a way”. The question is “How much this way will cost?” This question directly relates to the cost of insurance. When recently my insurance policy came to the point of renewal, I had a concern. I knew that State Farm Insurance stopped “writing” policies in California. Fortunately, perhaps, since we did not have any claims, it was extended. The cost obviously went up. But I did not care, since if my insurance broker had to shop for another company, the price of the insurance probably would go even higher.
One of the concerns we have in the mortgage brokerage is how the increase in the monthly insurance premium affects the qualifying ratio. This was the reason why I decided to interview an insurance broker Alex Shkolnikov. We just scratched the surface. Follow this link to watch our conversation on my YouTube channel.
Please always feel free to call or text me at (415) 225-7920 when someone you care about needs an insurance. You can also email me: mannykagan@comcast.net. Alex can be reached at (415) 819-8006 or at alex@rmg360insurance.com
Best wishes,
Manny Kagan,
President,
Pacific Bay Financial Corporation
NMLS #205637
DRE #00824602