Insurance markets across the U.S. — especially in coastal communities — are in flux. Rising premiums, retreating carriers, and shifting risk models are reshaping how homeowners and investors think about coverage. In this episode of Boroughs & Burbs, John Engel and Roberto Cabrera welcome two seasoned experts: Christopher Martens of AssuredPartners and Nicholas Phillips of Goosehead Insurance to unpack what’s really happening in the insurance world. The conversation dives into the key challenges and solutions facing property owners today: 🏖️ Coastal coverage: From the Hamptons and Nantucket to Palm Beach and Hilton Head, what are the current realities of insuring properties in high-risk flood and hurricane zones? How do NFIP and private flood insurance compare, and what’s new in the reinsurance markets? 📈 Premium trends: Why are premiums climbing so quickly, and what can property owners do to mitigate the impact? Chris and Nick explain how insurers price risk differently for high-net-worth coastal estates vs. primary homes inland. 🔍 Policy details that matter: Deductibles, exclusions, and excess liability coverage—how to read your policy like a pro and avoid costly surprises when you need it most. 🌊 Evolving landscape: How climate modeling, state regulations, and carrier exits are reshaping availability of coverage, and what smart homeowners and investors should be doing now to prepare. 🛡️ Protecting portfolios: For multi-property owners and investors, strategies for aligning insurance with long-term investment goals and market shifts. If you own property in coastal or high-risk regions, or advise clients who do, this episode is packed with practical guidance and insider knowledge to help you navigate today’s turbulent insurance waters. Watch on YouTube: https://www.youtube.com/watch?v=wE5D4yItB94 Episode page: https://www.linkedin.com/in/chrismartens-us/ • Email: Agency page • LinkedIn: https://www.linkedin.com/in/nick-phillips-12a2836/ • Email: https://www.instagram.com/jengel199/ • LinkedIn: https://www.linkedin.com/in/jengel/ • Roberto Cabrera — IG: https://www.instagram.com/rcabrera1/ • LinkedIn: https://www.linkedin.com/in/roberto-cabrera-4619845/ Related Episodes Real Estate Insurance & Risk in 2025 | Ep. 194 – Willis Gay (Howard & Gay Insurance) and Bernice Rodriguez (PURE Insurance) explore risk in high-net-worth real estate in response to rising climate costs and shifts in coverage. The Changing Insurance Landscape for the High-Net-Worth Market | Ep. 113 – Brendan O’Brien (Rand Insurance), Frank DiGrande (PURE Insurance), and Joe Rossi (Joe Flood Insurance) share tailored coverage strategies for luxury clients. Uninsurable Florida | Ep. 92 – A hard look at how fraud, severe weather, and market collapse are pushing parts of Florida toward ineligibility for private insurance. Large Luxury Renovation Projects | Ep. 190 – Explores how renovation teams coordinate with insurers on risk, liability, and coverage during complex large-scale renovations. Home Inspections in New York & Connecticut | Ep. 192 – While focused on inspections, this episode highlights how inspection outcomes influence property insurance considerations and underwriting. Keywords: #insurance #coastalcoverage #AssuredPartners #GooseheadInsurance #highnetworth #floodinsurance #propertyinsurance #realestaterisk #luxuryhomes #boroughsandburbs

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