Did you know that your rental classifications play a significant role in your insurance coverage? After all, insurers treat the words “unoccupied” and “vacant” differently both in your policy and when you file a claim. Why? If your properties sit vacant or are designed for frequent turnover, like an Airbnb, you run a higher risk […]
Landlords, unlike other companies, make their living by renting out houses and apartments to people who need housing. Being able to successfully do this relies on a number of factors, from having tenants who pay enough, to keeping the building in good shape, to paying the mortgage, to keeping some extra for the landlord to […]
Own a property you want to develop for multi-family housing? Thinking of investing in rental property as a business opportunity? The market might be hot, and this may be an excellent business venture for your financial future. But if you don’t have the right kind and amount of insurance, you could lose everything in one […]
Insurance on a rental property can seem like just one more expense in a long list of things that cost too much money. But it’s there for a reason — to protect you and your investment when something goes horribly wrong. Not convinced? Check out these real-life horror story experiences from landlords just like you. […]
Rental property insurance, often known as landlord insurance, may not be required by law, but it’s a smart way to protect your property and the investments you’ve made as a landlord. Consider it a good business decision. Here’s what you need to know about insuring your rental property. Multiple Forms of Coverage When you purchase […]
