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Tag Archives: what landlords need to know about insurance

Landlord Insurance: What It Is and Why You Need It

When you own rental properties, you’ll want to do everything you can to protect them. After all, an investment property is a large financial responsibility, so protecting it at all costs can help reduce emergency expenses in the long run. Whether you own vacation rentals, commercial buildings, or standard rental properties, it’s important to have […]

Are Home Warranties Worth It? A Guide for Real Estate Owners

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Whether you’re buying real estate for your rental business or a new permanent residence, protecting your property is essential. However, what does it mean to protect your home? What kind of insurance do you need? Are home warranties worth it? In today’s article, we’ll go over the basics of home warranties, the difference between warranties […]

What Is a CLUE Report in Real Estate and Why Is It Important?

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Before purchasing a new rental, you’ll want to inspect the property and investigate any potential issues. However, before that step, some buyers request a Comprehensive Loss Underwriting Exchange (CLUE) report from the sellers. A CLUE report indicates any previous insurance claims for damages, thefts, and more. If you’re unfamiliar with a CLUE report in real […]

Do I Need Insurance? Tips for Investing in Richmond Rental Property

Do I Need Insurance? Tips for Investing in Richmond Rental Property

Knowing what type of insurance you need is crucial to owning rental properties. That said, when investing in Richmond rental property, you will need landlord insurance. After all, accidents and damages can happen when you own and manage rental properties. Read along as we discuss why homeowner’s insurance isn’t enough and how you can find […]

Should Montgomery County Landlords Require Renter’s Insurance in the Lease?

These days, Montgomery County income property owners are no longer leaving the fate of their rental properties up to chance. Instead, they’re taking control of the outcome of any potential disaster by requiring their tenants obtain renter’s insurance. By doing so, they’re making their lives a whole lot easier. Renter’s insurance can be a great idea for […]

3 Things Howard County Landlords Need to Know About Insurance

3 Things Howard County Landlords Need to Know About Insurance

Often insurance is one of the last loose ends people tie up before renting out their property.   However, insurance should be more than just an afterthought. If you don’t have the right policies, not only are you putting your investment at risk, but you could also put your entire financial well-being in jeopardy. No […]