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Rental Properties
Did you know that you need a landlord policy instead of a homeowner’s policy when renting out your house or home?
Many assume their homeowner’s insurance policy will cover their rental property, but that’s not true. Homeowner’s insurance policies are designed to cover owner-occupied homes and not rental properties. If you plan to rent out your house or home, you’ll need a landlord insurance policy to cover property damage, liability, and loss of rental income. A landlord policy is specifically designed to protect rental properties and provide coverage for risks unique to landlords. Ensuring you have the right insurance coverage to safeguard your rental property and financial investment is essential.
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1 Reply
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Great information. Thank you for sharing.