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Top 5 Mistakes Property Investors Make with Insurance – And How to Avoid Them

Jackson & Jackson

Specialized risks, such as floods, earthquakes, and business interruptions, require additional coverage, which many investors should pay more attention to. Think about business interruption insurance to protect your income stream during repairs. In California, consider adding earthquake and flood insurance.

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Save Money on Small Business Insurance in California

Jackson & Jackson

By staying informed about the intricacies of California’s insurance market and working with a knowledgeable insurance agent, small business owners can make informed decisions about their insurance coverage and mitigate potential risks effectively. As your business grows and evolves, your insurance requirements may change.

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Understanding Multi-Family Property Insurance in California.

Jackson & Jackson

Additionally, it can provide coverage for business interruption, tenant improvements, and liability claims arising from third-party injuries or property damage on the premises. Additionally, investors can explore the option of higher deductibles to reduce premiums.