If You Own a Rental Property Make Sure You Have the Right Insurance
In recent years, a growing number of homeowners have decided to become landlords. It started during the housing crisis in the late-2000s, when many homeowners found themselves “upside-down” on the mortgage, owing more than the home was worth. As property values have recovered, some have decided that renting is better than selling because it gives…
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Rental Property Insurance: Why Landlords Need Special Protection
There are many reasons to rent your home instead selling when it’s time to move. Some may want to build up equity in the home by having someone else pay the mortgage. Others may want a backup property just in case something unexpected where to happen to their primary property. Or you may have to…
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Rental Property Insurance: Which Coverage Do I Need?
An increasing number of Americans own rental properties today. Many became “accidental landlords” during the housing bust of the late 2000s because they were underwater with their home mortgage. Others are investors that see an opportunity to capitalize on the relatively low housing prices (and interest rates) to collect assets and build up their net…
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