Proper insurance coverage for your real estate investment is a vital piece of the package that can sometimes get overlooked, whether you have just begun your property investing career or you are a seasoned professional. You have so much tied up that, in the event of total property loss (or even a liability or injury lawsuit), you run the risk of total financial ruin and/or your entire life savings wiped out—unless you’re protected with the proper insurance coverage.
As a savvy real estate entrepreneur, you want to make sure to ‘hedge your bets’ by making sure you have the proper insurance firmly in place. It’s this smart move that places you on the right side against a loss large enough to wreak financial havoc.
We’re sure you’ve heard of the phrase “insurance rich, cash poor.” Protection is one thing; a business financial burden is another. It’s important to make sure you’re discussing your needs with knowledgeable and experienced insurance professionals to determine your unique needs and ensure proper coverage.
Here at Hogue Insurance Agency, we have what you need to place yourself in that ‘sweet spot’ of balance between proper insurance coverage and financial burden. We live and work in this community in Dallas, and know the area, allowing us to match among various coverages exactly what you need to avoid disastrous results.
Types of Business Insurance Coverage
This is not an all-inclusive list, nor does this mean you will need every one of these. After discussing your investment or portfolio in-depth with you, we’ll be able to help you determine exactly which insurance coverages you need.
Other insurance to consider would be in the case of an apartment building, or various aspects such as terrorism insurance, cybercrime insurance, builder’s risk insurance, loss of income, and others. Everything, of course, depends on your own unique situation and concerns.
As a real estate entrepreneur, you must have proper levels of insurance coverage that will provide adequate and comprehensive protection. That’s why we at Hogue Insurance Agency are here for you—we are reputable and experienced, with access to a wide range of insurance markets that will make all the difference.
This leaves you free to focus on your business, your investment, and build on your entrepreneurial ventures. The risks are there, but we’re here to protect you from them and arm you with all the knowledge and coverage you need. There are many ways to get in touch with us. Stop by our agency at 5757 W. Lovers Lane, Suite 221, Dallas or call us at (972) 404-0303.