Renting out a Home
Renting out a Home
Do you own a home and rent it out? Then you should keep reading…
Why should you have rental property insurance you may ask? That’s easy!
- If you rent out your home and a fire occurs – homeowners insurance does not cover it
- Dwelling fire insuranceprotects landlords from losing rental income
When renting out your home it is important to keep in mind that having a separate type of insurance, rental property insurance, is important.
In most cases in case a fire does occur you may be provided with up to a year of rental income with dwelling fire insurance. It is also important to remember that just because you do not live in the home you rent out, it is a necessity to keep it protected.