Tenants often make the mistake of assuming that since their landlord’s income property is insured, so are they. The exact opposite is true and renters could find themselves paying for injuries or to replace personal items on their own without…
Renters insurance has become more important than ever. A greater number of people are renting rather than purchasing a home and they need protection for their personal possessions. It’s equally important to understand what a renter’s policy covers and what…
Every landlord knows the damage that undesirable tenants can wreak on rental properties. There’s rental property insurance, also known as landlord insurance, to cover damages and it offers more protection than the average homeowner’s policy. It typically covers property damage,…
A renters insurance policy is a collection of coverages designed to protect renters who live in a home or apartment. A standard renters insurance policy provides three types of coverage to protect you, your belongings, and your living arrangements in…
One of the biggest mistakes that tenants make is not purchasing a renter’s insurance policy. Many individuals either believe that the landlord’s insurance will cover their possessions in the event of fire, flood, theft and vandalism or they prefer to…
Insurance of any kind can be extremely confusing. Policies are written in jargon common to the insurance industry that’s difficult for policy holders to understand. A personal property insurance policy protects the things that an individual owns, whether they own…
Many individuals are earning extra cash for their homes, condos, rooms, and rental units by hosting guests via Airbnb™. It can be a lucrative enterprise, but it’s impossible for individuals to now exactly what type of people they’ll be hosting…
Millions of people are turning a second home into an income source by renting out their property. It’s a practice that can be highly lucrative and generate much-needed income. However, when you rent a home to someone else, that makes…
Before the 1950s, almost all insurance for possessions was geared toward homeowners. Renters had to purchase a variety of separate policies to protect different types of possessions making it too expensive for most people. The 1950s saw a major change…
Many of our most valuable insurance coverage renews on an annual basis. Our lives are very busy, and it often feels so much easier to just accept the renew proposal without reassessing how much you are paying or what you…