Under-insuring an investment property, over-insuring an investment property, or having the wrong types of insurance on the investment property can all produce disastrous results. Here are some coverages you should consider

A) Property and General Liability

B) Workers Compensation Insurance

C) Flood

D) Wind/Hail

E) Earthquake

There’s not one general price range for all real estate investor insurance policies, since the price varies greatly depending on the type, condition, size, and location of the property, the owner, and previous claims filed against the property or owner.

Having the right insurance for your real estate can help protect you against significant, unexpected losses while keeping your cash flow healthy by not paying for coverage you don’t need.

It’s essential to understand your existing policies and have a trusted insurance agent as part of your real estate team to understand if your insurance coverage needs to be upgraded. If you’re under-insured when a disaster strikes, it’s usually too late to make a change.

Contact us today to know more!