Renew your insurance

This is probably the most obvious and important item to have in place for unwanted events. It pays to review possible scenarios and coverage with your insurance agent at least once a year. Insurance policies are subject to change, particularly when disasters occur.
With all the disasters that have occurred in the last few years and resulting in high losses, insurance companies are continually making major policy changes. Often notification are obscure or in “small print.” Too often, property owners don’t find out that their insurance does not apply to a particular situation until “after” it happens. Find out specifically what disasters emergencies, tenant damage, and rent losses are covered to not covered.