Insurances Reference Information
Find Good Info
Whats The Difference Between Home Insurance And Rental Insurance?
In: Home Insurance
16 Dec 2009for my rental property? Is it a good idea to switch home insurance to rental insurance when a tenant is living in my rental property just in case if they smashed some holes on the wall, or some damages on the property? Where i can compare home insures?
Thanks!
Related Post :
Other Post :
Sponsored
Comment Form
About this blog
This is about reference of insurance questions information.
Sponsored Links
Categories
- Automotive Insurance (1303)
- Car Insurance (554)
- Finance and Insurance (798)
- Financial (301)
- Health Insurance (738)
- Home Insurance (357)
- Life Insurance (369)
- Mortgage Insurance (3)
- Uncategorized (228)
Archives
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- February 2009
- December 2008
- September 2008
- Insurance Tips – What Kind of Insurance is the Best for You?
- Getting Online Automotive Insurance Rate Comparisons
- What We Should To Look For When Shopping Home Insurance Rate
- Find the Most Effective Cost Home Insurance Quote
- Are the Term Insurance is Right for Us
- The Different Component of Car Insurance Policy
- The Low Price of Medical Insurance
- The Low Rate Car Insurance
- Some Tips of Cheaper Home Insurances
- Finding Low Cost of Car Insurance Rates
Popular search terms for all articles:
- you must comply with the financial responsibility law if,You must comply with the Financial Responsibility Law (prove you are insured with liability insurance) if:,what caused the global financial crisis,you must comply with the Financial Responsibility Law (prove you are insured with liability insurance) if,20 You must comply with the Financial Responsibility Law (prove you are insured with liability insurance) if:,Will my insurance go up if i buy a trampoline?,how much does a trampoline make my house isurance go up,self employed health insurance with maternity,you must comply with financial responsibility law if what?,is 37000 a good settlement with 10 000 in medical and 14000 in lost wages
4 Responses to Whats The Difference Between Home Insurance And Rental Insurance?
Anonymous
December 16th, 2009 at 3:30 am
You need to change or they will not pay if you have a claim. Holes are not covered, neither is most tenant damage. But, you still need fire damage, weather, etc etc.
Also, if you are going to allow animals check your policy, they are not likely to cover your property if you allow any dangerous animals.
Try this site
http://best-home-insurance-comparator-usa.blogspot.com/
Here you can get quotes from different home insurance companies in your area, its the best way to find an affordable home insurance with a reliable company.
tiki523
December 16th, 2009 at 8:47 am
Although each state has different rules concerning insurance. In my state it is usually cheaper to list it as a rental owner’s policy versus a homeower’s. A rental owner’s policy would decrease the amount of coverage for personal property so you have just enough coverage for you appliances and a standard homeowner’s policy provides coverage for loss of use and that limit is changed to fair rental value in a rental owner’s policy. Also, you want to make sure your renter carries his own renter policy to cover his personal liability on your residence.
Mark
December 16th, 2009 at 2:39 pm
Hello Jayna,
There are a few major differences between home owner’s insurance and landlord insurance. Landlord insurance will offer you a wider range of protection including landlord liability cover (against lawsuits by your tenants) and landlord contents cover (in case your tenants damage your furniture or appliances.)
You can find more information and details on home insurance for landlord from this guide:http://www.propertydo.com/home-insurance…
Best wishes and I hope that helps.
North Shore MA Agent
December 16th, 2009 at 6:25 pm
Call your insurance company and tell them your situation. You will be able to get “Landlords Insurance”. You can usually save money if you have all your insurance (car, home, rental) through one company.