10 TYPES OF INSURANCE FOR REAL ESTATE INVESTORS

CALLIE MCGILL | July 15, 2019

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From natural disasters to tenant negligence, a lot can go wrong for real estate investors. Once a house has been damaged, the bill for getting your money-making assets back in tip-top shape can easily start to cut into your profits. The right insurance, however, will make sure your investments (and wallet) are protected to the fullest extent. One thing that’s important to note: all real estate investments aren’t the same, and your goals as a real estate investor play a role in determining the type of coverage you will need. For example, an investor with plans to rent out a unit may need insurance to cover a tenant’s failure to pay or a policy that provides income if the rental property is damaged and temporarily can’t be rented out.

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