Remove Business Interruption Remove Deductible Remove Out-Of-Pocket Expense
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Top 5 Mistakes Property Investors Make with Insurance – And How to Avoid Them

Jackson & Jackson

However, in the event of a claim, this can lead to substantial out-of-pocket expenses due to insufficient coverage limits. Specialized risks, such as floods, earthquakes, and business interruptions, require additional coverage, which many investors should pay more attention to.

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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.