If You’re A Landlord, You Need A Landlord Insurance Policy
If you plan to buy a rental property , or to convert your current residence for long-term rental, make sure your home is properly insured with a landlords policy. A traditional homeowners insurance policy may be unsuitable for landlords.
Read MoreHow To Lose Your Home in Less Than 10 Minutes
Most people think that having condo insurance is like having renter’s insurance, you need to cover your personal possessions and the rest is covered by the master policy of the HOA, right? That’s what you pay your HOA dues every month for…well, sorta right. Here in Utah we have Utah Condo Law that specifies ,( well , they didn’t really put it like this, being an official law and all, but this is what it means), if you took your unit and turned it upside down, everything that falls out is what you as a homeowner would be responsible for insuring. Pretty straight forward, right? ...
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