News & Updates
When it comes to insuring a home that you rent out, there are many factors that will determine the best way to ensure your home. Below are the two most common ways to ensure your rental home.
If you're renting out your home on an occasional basis, you may be able to maintain your existing homeowner’s insurance policy. However, it's essential to review your policy carefully and discuss your rental plans with your insurance provider to ensure that you have adequate coverage. Endorsements may need to be added to ensure proper coverage.
Dwelling Fire Insurance is specifically designed to protect rental properties and typically provides coverage for property damage, liability protection, and loss of rental income. If you plan on renting out your home regularly or for an extended period, a dwelling fire policy may be the most appropriate option.
If you plan on renting your home, whether it be for a day or a year, it’s important to review with your agent to make sure you have the correct coverage. You can reach your agent today by calling 734-453-6000 or submitting on online request here!
photo:<a href="https://www.vecteezy.com/free-photos/house-rental">House Rental Stock photos by Vecteezy</a>
