I have recently heard about a number of house fires in my area. When I was in grade school, our house caught on fire due to build up in our dryer. Luckily, we only had a little smoke damage, but it did put us out of our home for about 5 months. Whether it be from old wiring or leaving something on in the house accidentally, your investment property or your personal residence , house fires, big or small, are never easy. It is important to insure your real estate investment properties .
Here are some types of insurance coverage you might consider:
As landlords , do you require your tenants to have any insurance? What insurance do you carry for your rental properties ?
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