Kevin Olson discusses why E&O insurance companies are a big deal. Find out why you should talk about them with a property manager. In Colorado, E&O insurance is a requirement. There are major differences in the basic policies these companies offer. Why does this matter to you? Because many licensees sign up for the minimum amount of coverage the state of Colorado requires. It’s cheaper for them, but riskier for you the owner. Is property management even in the policy? Ask a property manager to be sure.
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