Plan Ahead

Being a real estate investor comes with its own set of responsibilities and potential risks. One of the crucial aspects of managing an investment property is having the right insurance coverage in place.

Property insurance is designed to protect landlordsand investors from a range of potential issues that may arise while renting out their property with respect to management and tenant-related risks.

You will want to consider not only property damage but also such things as liability protection, loss of rental income, legal expenses and vandalism and theft.