Whether it’s your home or as an investment, properties are expensive purchases both to buy and upkeep. That is why it is well worth your time to take additional measures to protect your property. Keep reading to find five for the most effective, below.
Only lease to vetted tenants
First of all, if you lease your property out, you can save yourself a great deal of heartache and cost related to damage by vetting your tenants. Indeed, there are several ways to find good tenants these days including running a background check and asking for references from their previous landlord.
Of course, these techniques are not foolproof, so it’s best to personally interview each tenant and get a sense of who they are as a person too, Just to be sure.
Additionally, asking for a substrain deposit can help you reclaim any costs incurred by damages caused by tenants. Although you will need to make sure that you keep the money in an account per local law.
Invest in CCTV and alarms
One of the smartest things you can do to protect your property is to invest in an alarm system and CCTV cameras. Indeed, the benefits of these are two-fold. First, if someone does decide to break in you will be alerted to this fact as it happens, something that means you can call the police or your security company to deal with it and cut their access to your home short.
Additionally, CCTV and obvious alarm systems act as a deterrent and reduce the chances that someone will break into your property in the first place. This is because thieves will choose easy marks, and by having these security measures you will be increasing the risk involved for them. Something that means they are more likely to avoid your home.
Get maxim coverage insurance
Next, when it comes to protecting your property do not forget to invest in the most comprehensive insurance coverage possible. Sadly, too many people choose cheaper policies or do not read the fine print and then end up having to pay for repairs after storms or fire out of their own pockets.
Additionally, remember that if you do have to claim your insurance, investing in an insurance public adjuster that you have chosen can be much more effective than going with the one that your insurer provides. Yes, you may have to pay out of this in the short term, but when there are thousands ( or more) dollars at stake, this is an investment well worth making.
Add locks to windows and doors
Lastly, simple actions like adding security locks to doors, and especially windows, and screen doors can make all the difference when it comes to protecting your property. Again it’s all about making it hard for those with nefarious intentions to gain entry. Plus when you have secure locks on all entry points you will benefit from the peace of mind that you and your family are perfectly safe while at home as well.