What types of insurance should property management invest in and what is the rate?

property management liability insurance

Property insurance is an indispensable part of the whole social insurance. Property insurance has played a positive role in promoting property management by providing economic compensation or capital payment for the loss of insurance coverage caused by natural disasters and accidents in the property management field. Property insurance generally has the following functions:

(1) can resist unexpected misfortune. Property insurance enables people's houses and their related interests to get certain economic compensation after they suffer losses due to natural disasters and accidents, helps the affected families to rebuild their homes quickly, and provides protection for the business activities of enterprises and people's daily life.

(2) It can promote the reform of housing system. With the deepening of housing system reform, self-owned property has become an important part of many family properties, and the safety of housing is very important for a family. Carrying out housing insurance can eliminate people's worries and promote the reform of housing system.

(3) It can enhance the social disaster prevention and relief forces. The insurer of property insurance can check the safety of the insured house and property, and make use of the experience accumulated in daily business activities to put forward reasonable suggestions to the insured to eliminate unsafe factors, thus promoting the protection of social wealth.