Imagine a scenario where flames engulf your building, and firefighters cannot manage to contain the fire. Seeing your property burning to the ground is traumatizing. Luckily, you have been smart enough to have commercial insurance. That’s why buying commercial real estate insurance is a worthwhile investment.
Investing in real estate will help you establish an extra channel of passive income and diversify your portfolio. According to a study by Real Estate Investing, approximately 55% of millennials have shown interest in real estate investment.
However, it’s not all gain, though. There are risks associated with properties like flash floods, fire, and injuries. This brings us to the importance of having commercial real estate insurance.
What is Commercial Real Estate Insurance?
This is an insurance policy purchased by real estate investors, corporati Read More