What Is Property Insurance And How Does It Work?
Summary by Ralene Nelson, REALTOR®
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What Is Property Insurance And How Does It Work?
Owning or renting a property can come with unpleasant surprises. Your house could get damaged by a fire, your apartment could get damaged by a burst pipe or someone could break into your condo and steal valuables. If a guest accidentally injures themselves on your property and you’re legally liable, they could sue you for medical bills. These scenarios could put you in a difficult financial situation. Having the best home insurance is essential …
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