Insure Your Investment
Once you decide to become a landlord, make sure that your rental property is adequately insured to protect your investment.
Talk to an insurance agent who has experience with rental properties.
- You’ll want to be sure you are covered for more than just fire and storm damage.
- You’ll need additional coverage for vandalism, personal injury, and discrimination lawsuits.
The premiums will be a small price to pay to avoid the risk of much larger losses.
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