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What type of property insurance is required for property owners working with EGL Properties?
Property owners are typically required to have landlord insurance, which covers rental properties. This insurance should include protection against property damage, liability coverage, and loss of rental income due to events like fire or natural disasters. While requirements may vary depending on the property type and location, EGL Properties recommends that all owners consult with their insurance provider to ensure they have comprehensive coverage tailored to rental properties.
