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How Much A Rental House Property Insurance Should Cost? |
I rented a house and the mortgage company says I need to have rental insurance. I do not want to cover my tenants stuff, just the house in Nevada. Thanks
I own the house
| Answer: You can approach this one of two ways. 1 - Get a rider on your current homeowners policy (the one on your house) to cover the rental property you have. Not all insurance carrier provide this but some allow you to have up to 2 rental properties added on to your regular home policy. This rider will cover the structure and public areas in case someone slips and falls outside, etc. 2 - call around for a landlord policy (not renters policy). This is a separate policy that will cover the same things as the policy rider above. Good Luck! |
By Bruce Alpert, Times-Picayune WASHINGTON -- The federal flood 
In the wake of Citizens Property 
By Jilian Mincer NEW YORK May 16 () - When Jennifer Anderson's family could no longer afford their mortgage and lost their home, she expected many years to pass before they would again become property owners. But less than two years later,
The Downs purchased their home during a short sale in 2010; they're first-time homebuyers and now in the process of remodeling it room by room. "This is our construction zone and we're getting it done," she said. They pay their taxes and insurance