TBT: The Truth about Property Insurance
Passive Real Estate Investing
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Navigating Property Insurance for Investors
This chapter delves into the complexities of property insurance for real estate investors, focusing on the distinction between insuring land and improvements. It emphasizes the importance of adequate coverage, understanding deductibles, and the implications of market conditions on insurance costs. The discussion also covers the realities of property insurance claims, including the differences between actual cash value and replacement cost, while advocating for expert consultation to tailor insurance strategies.
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