{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Risky Assets","title":"The Insurance Lie That Costs You Everything - EP024","html":"","width":"100%","height":180,"duration":2915,"description":"You might be paying for insurance that will never actually pay you back. In this episode of the Risky Assets Podcast, Greyhawk founders Charlie Deaver and Daniel Clarke, joined by the Greyhawk team, break down material misrepresentation: the quiet, common way a “cheaper” policy gets your claim denied when you need it most.Through real cases, a custom-fabrication shop insured under the wrong coverage, a 120-property portfolio missing habitability coverage, and an industrial park misclassified as retail, the team shows how cheaper quotes are often cheaper because a broker misrepresented what you actually do. When that happens, the carrier can deny the claim or void the contract entirely, and suing the broker rarely makes you whole. Along the way you'll get plain-English breakdowns of co-insurance penalties, surplus lines, and why your policy is a legal contract you should actually read before you sign.00:25  Do it right vs. do it wrong01:41  A custom-fab client and a cheap policy that wasn't03:13  What “material misrepresentation” really means04:25  Why suing your broker won't save you05:49  The apartment quote that was too good to be true07:52  Lie about something small, you'll lie about something big08:55  Co-insurance: the penalty for under-insuring11:23  Brian Hauser: the 120-property habitability case16:44  “I can't knowingly walk you into the lion's den”19:38  Roger Romero: an industrial park misclassified as retail22:30  Your insurance policy is a legal contract25:24  When doing it right pays off (the fire claim)26:11  Eddie: the lie that scares him for the industry28:45  Nobody reads what they sign32:30  A hard market reveals who's swimming naked38:44  Jesse: the bus account and hidden operations43:15  The panel problem, and a workaround that saves clients money48:04  Want Greyhawk to review your policy?FOLLOW THE SHOWInstagram: @risky.assetsGreyhawk Instagram: @greyhawkinsurance#RiskyAssets  #Greyhawk  #Insurance  #CommercialInsurance  #SmallBusiness ...","thumbnail_url":"https://img.transistorcdn.com/rGdlIJHPs4VZV6pxPe21X7IU9nGHtqGwOty3tYKwCY4/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzMzNDc0LzE2NjE1/NDQ2NDktYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}