The managing broker for The Colorado Springs group discusses insurance amounts. Not every company has the same coverage. Agents within the same company may not have the same coverage. When asking to review the policy a licensee has, ask to see the company policy as well. When you’re hiring a property manager with insurance coverage, you need to make sure the coverage includes performing property management services. It’s also important to make sure that the company knows that the individual you are hiring as a property manager, is in fact doing property management. Many companies are unaware of agents in their office practicing property management. Find out; reduce your risk.
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