This week's Webinar Wednesday is all about how to further protect yourself when investing in real estate by making sure you have the right kind of insurance in place.
Time and again I see clients whose insurance agents recommend a very minimal amount of coverage with no view as to what the actual liability risk is according to the tenant profiles. Unfortunately, injuries are worth different amounts of money depending on who the plaintiff is.
For example, if you rent property to a bunch of young college kids, a catastrophic injury might be worth more damages than if the injured person were a ninety-year old near the end of life. That's why when evaluating insurance coverage, the details do matter. Check out this week's webinar to learn more about what kind of insurance could save you thousands of dollars if you are sued.
Sarah E. Holmes is a Philadelphia business attorney and strategist that helps start ups and established businesses looking to expand, protect their assets and increase their profits in an approachable, down-to-earth way.