Homeowners vs Renters: Navigating the Insurance Maze
October 17, 2023
Michael had built a substantial portfolio of rental properties in his hometown and was always looking for new opportunities to expand his business.
One day, Michael received a call from his property manager, informing him that one of his tenants had slipped and fallen on the front steps of their rental property. The tenant had broken their arm and threatened to sue Michael for medical expenses.
Although Michael had property liability insurance, he quickly realized that his policy did not provide enough coverage to protect him from this potential lawsuit. He knew that he needed additional insurance to safeguard his assets and investments.
After doing some research, Michael decided to purchase real estate investor insurance. This specialized policy gave him the extra coverage he needed to protect his properties and finances from any future legal disputes with tenants or other third parties.
Michael felt relieved knowing that he was now adequately protected and could continue to grow his real estate business with confidence. From that day forward, he always made sure to have the proper insurance coverage for his investments, ensuring that he could weather any storm that came his way.
We’re an independent insurance agency offering a comprehensive suite of insurance solutions to protect you from the unexpected.
We don’t just sell insurance. We work closely with clients to help them make important and informed decisions every day when it comes to protection and their future.
We offer comprehensive insurance solutions throughout Texas, as well as surrounding areas including, Helotes, Schertz, New Braunfels, Cibolo and Bexar County.
At SOGO Insurance, we strive to provide a true, concierge client experience which is unique in the insurance industry. We give clients the power of choice from top-rated national and regional insurance carriers.
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