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Major Reasons Why You Need Home Insurance
Home insurance may seem like a hassle, but it’s an absolutely essential part of homeownership. Some insurance companies don’t even allow home buyers to take out a mortgage until they have home insurance. Therefore, you may need to purchase it to protect the investment you’ve made in your property. Once you know how expensive a fire or other major disaster could be on your home, it’s clear why it’s so important. No one likes to think about the possibility of needing a home insurance claim, but it’s always a good idea to be prepared. Having a home insurance policy is one of the most important things you can do to…
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What Insurance Policies Do Tenants of Rental Properties Need?
It is important to understand what is covered by your homeowner’s insurance policy as an owner of a rental property. We have been in the business of helping potential renters understand their homeowner’s insurance coverage, so we created this blog to help landlords understand their rental insurance coverage. Whether you own a house or you rent one, you’ll probably need some type of property insurance. In the United States, that usually means homeowners insurance, but depending on your situation, you may also need renters insurance. If you rent an apartment in a building, you’ll probably need renters insurance, too. But why? Keep reading to find out. The personal property damages…