If you bought a house and you have a mortgage, if you are a real estate investor with many rental properties, or if you're just a regular person making some extra money renting out your property on Airbnb, make sure you watch this video.

Hello everybody, my name is Sanad and welcome to another episode of The Clever Millionaire. Before we get started, I would appreciate it if you smash the like button and subscribe to the channel. Also check out the link in the description box below.

As you guys know, I'm a big fan of real estate and I am a real estate investor myself. Due to real estate I was able to retire in my 20s. Now I pretty much make YouTube videos to help you guys save some money. But over the last couple of months the prices have been going up on everything — inflation is insane. Inflation affects people that own rental properties, probably your mortgage as well, Airbnb — pretty much everything out there is increasing in price.

So over the last couple of months the monthly mortgage payments on my rental properties went up, so I decided to log into my accounts to see why. It was because my insurance had increased — literally a ton of my properties had major insurance increases for literally no reason. I haven't filed any claims whatsoever, but over time prices do increase. So I started Googling, I started looking for ways to save some money on my insurance, and I came across an amazing company called Steadily Insurance.

After spending days getting quotes from different companies trying to get great coverage at an even better price, I almost gave up until I ran across Steadily. The first thing I did was fill out the form and I got myself a quote. The price was just a little bit cheaper than what I was paying at the time, but a couple minutes later one of their agents contacted me through text. We started messaging back and forth and I was able to get an even better price — he literally saved me over $500 on my policy. Over the course of time, that is a huge savings.

I was super excited for a couple of reasons. Reason number one, I was saving a ton of money every single year. Reason number two, I personally do not like increasing rents on my tenants. I like them to have one set price so they don't have to worry about rent going up every single year. So I always try to find different ways to save money so I don't have to increase their rents, especially for tenants that have been with me for multiple years — three, four, five years. I like to do everything possible to keep their rents the same, especially in the current environment when everyone is raising rates.

What I do personally is go over the taxes, the insurance, pretty much everything I can on my end once a year in order to keep my monthly payment the same. This time around all my insurance policies had gone up, so this presented me with a great opportunity to shop around — and Steadily, in my opinion, is an amazing company that helped me resolve this issue.

Now let's quickly talk about the benefits that Steadily offers. If you are a landlord, a real estate investor with rental properties, if you flip homes, have Airbnbs, or you simply want to save money on your mortgage payments, you've got to check this company out. All you have to do is click on the link in the description box below, fill out a couple pieces of information, and you're going to receive a quote. You'll also be in touch with a professional agent who will look over 30 to 40 different insurance companies to match you up with the best one possible and save you the most money.

Steadily specializes in fast, affordable landlord insurance. A lot of other insurance companies offer auto insurance, boat insurance, all kinds of different coverages — but Steadily specializes specifically in landlord insurance. That is why they are able to save you a ton of money on insurance for your rental properties, and in my opinion that is absolutely amazing.

You'll get specific benefits tailored to you personally. Also, Steadily is the best-rated landlord insurance company in America — 4.8 stars out of five. Personally I had a five-star experience and I did leave them a five-star review as well.

Here are some of the properties that Steadily covers: single family homes, multi-family, vacant properties or restorations — so if you are a real estate investor trying to flip a home or doing a major renovation, Steadily has you covered. They also cover apartment buildings, condos, manufactured homes, Airbnbs, and VRBOs. They pretty much cover everything real estate related.

You'll be able to customize your policy to get exactly what you need: legal liability protection, fire and water damage, financial protection against natural disasters such as windstorms, hail damage, and lightning. Protection for your furnishings, protection if you get sued — liability protection covers the cost of defending you and settling claims from tenants and their guests for injuries sustained on your properties. This is definitely needed, especially if you have rental properties or plan on renting out your property as an Airbnb. You can also get protection for riot and civil commotion such as violent protests, vandalism and theft, injury that occurs on your properties, and a ton of other bonus coverages.

Best of all, Steadily is available in all 50 states, so it doesn't matter where you are — you'll be able to save some money on your insurance policies.

The reason I'm a big fan of this company is their customer support. So far I have experienced five-star service. The agent I had was super cool — we texted literally for about two days trying to figure out the best policy for me and how to save even more money across all my rental properties. It was an overall awesome experience and I highly recommend this company.

So guys, if your mortgage payment has gone up because of insurance, or you simply want more coverage for your Airbnb, or you have a ton of rental properties and your insurance spiked and you're looking to lower your costs, make sure you check out Steadily. The link will be in the description box below. In my opinion they are an amazing company and they can definitely help you save some money.

Alright everybody, that concludes this quick video. If you enjoyed it, smash the like button, subscribe to the channel, and if you have any questions drop them in the comments section below. For all my real estate investors, more real estate videos are on the way. See you in the next video — peace out.