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Commercial Real Estate insurance
Tom Burns's Blog
Don't Run Out Of Monthly Rental Income!
Posted on April 9, 2018 at 2:58pm 0 Comments 0 Likes
Be Careful!!! Most "off the shelf" commercial property polices provide ONLY 12 months Loss of Rental Income when a property is shut down due to a covered claim.
This IS NOT enough coverage because many issues can delay repairs when a commercial property suffers a large loss - fire, explosion, etc. In addition to making the necessary repairs, construction delays can occur due to:
- Delay in…
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