on your property, or there were a fire in your unit which spread to an adjacent apartment, then you could be held liable for damages caused. Your Condominium Unit Owner’s Insurance would also cover additional living expenses in the event of an insured loss, while your unit is being ...
does not cover damage to the belongings of your tenants, although it is likely to cover damage to any of your own possessions, such as a washing machine or stove, that are on the rental property. As we noted above, your tenants will need to have renters insurance if they wish for cover...
Investors need coverage that not only protects the property but also protects the potential loss of cash flow in the event of a claim. Managing risk is just as important as finding the proper coverage. Our team works in partnership with investors to ensure that the property protection is in ...
Insurance quotes for auto, home, renters or commercial property. Max J. Pollack & Sons Insurance Max J. Pollack acquired his first insurance broker’s license in 1936, and operated his business from his home in Bensonhurst, Brooklyn. Today, we serve clients throughout the entire greater New ...
Renters insurance is a type of property insurance that protects the personal belongings of the insured as well as against liability claims. It is offered to renters of various properties such as a house, townhome, apartment, condo, loft, studio, mobile home, and the like. Many also refer to...
Vet potential tenants who have applied to live in your rental property with these tips When a potential tenant applies for occupancy in your rental property, there is a lot of information you can find out about them through a comprehensive, but fair application. Real Estate August 30 These fiv...
If you're renting out your home or other property, you need to make sure you’re protected from damage, liability, and more with short-term rental coverage.
The profit you should make on a rental property typically ranges from 6% to 8% annually, after accounting for expenses like maintenance, taxes, and insurance. However, the ideal profit margin can vary based on location, property condition, market conditions, and the initial loan amount. Is it...
Will Insurance Pay for a Rental Car During Repairs? Auto insurance will pay for a rental car during repairs for a covered claim, but only if your policy includes rental reimbursement coverage. By Drew Gula Updated Mar 15, 2024 1:01 p.m. PDT Edited by Ben Moore Many or all of...
Supplemental liability insurance (SLI) increases the liability coverage dollar amount if you injure someone else or damage their property in an accident. It may also cover damage from uninsured and underinsured drivers. For example, SLI could offer up to $1 million in coverage. And if you have...