Key Points:

– One in 20 insured homes file a claim each year
– Costliest damage caused by perils like hurricanes
– Proactive measures can mitigate damage

Closing Paragraph:

Insurance claims are like surprise birthday parties – you never expect them, but they come whether you’re ready or not. While you can’t control all disasters, taking proactive steps can help keep your home safe and your wallet happy. Remember, prevention is better than a hefty insurance bill!

Original article: https://www.biggerpockets.com/blog/most-expensive-investment-property-losses