How Much Renters Insurance Do I Need?
Return To: Renters Insurance – The Ultimate Guide Securing renters insurance is a smart decision for any renter because it provides you with the best defense you can get on things in life you cannot control. Situations such as losing belongings due to them being stolen or damages caused by a careless neighbor are just […]
Does Landlord Insurance Cover Tenant Damage?
Return To: Landlord Insurance – The Ultimate Guide Yes! Your landlord insurance policy may cover tenant damage to your property. This type of insurance often includes dwelling coverage, which is beneficial as it provides protection against accidental or sudden damage to rental properties. Yes! Your Landlord Insurance Policy MAY cover damage caused by a tenant […]
How Much Renters Insurance Should a Landlord Require?
Return To: Landlord Insurance – The Ultimate Guide Many landowners are not aware that renter’s insurance exists. It is a fact that’s especially true for new landlords who’ve yet to navigate the ups and downs of handling a rental property. Many unexpected things can happen to tenants even after you’ve examined them. They can suffer […]
Is Insurance Claim on Rental Property Taxable?
Return To: Landlord Insurance – The Ultimate Guide No, landlord insurance claims proceeds on rental properties are NOT taxable. Some coverages available on Rental Property could be taxable, such as Loss Of Income. Property owners are allowed to make tax deductions for the insurance premiums of their rentals since the Internal Revenue Service (IRS) categorizes […]
The BEST Way To Save Money On Landlord Insurance
Return To: Landlord Insurance – The Ultimate Guide “How can I save money on landlord insurance?” If you own any rental properties, one of your largest expenses is insurance. Rental Property Owners often make HUGE mistakes when looking to reduce their insurance premiums. In order to lower their premiums, landlords will look to lower the […]
The Ten Commandments Of Landlord Insurance
Return To: Landlord Insurance – The Ultimate Guide The TV shows you see that show you how to purchase real estate and grow wealth through real estate make becoming a landlord seem easy! The part that the shows rarely show is how OPERATE your landlord business! The devil is in the details for the rental […]
Is Homeowners Insurance Tax Deductible For Rental Property?
Return To: Landlord Insurance – The Ultimate Guide Achieving financial stability is one of the reasons why more and more people choose to invest in rental properties. As long as you find responsible tenants — those who pay rent in full and on time and don’t cause any damages to your property — your rental […]
Product Liability Insurance For Small Business
Return To: Business Insurance – The Ultimate Guide You have an amazing new product ready to be launched in the market. You worked countless hours to perfect its design, development, and marketing and you are finally ready to introduce it to your target audience. Before you do so, it is important to ensure that you […]
Employee Dishonesty Insurance Coverage
Return To: Business Insurance – The Ultimate Guide Employee theft in the United States costs employers approximately $40 billion every year. Most businesses tend to overlook the dishonest and criminal acts of their employees because some of them can take at least two years to detect. With employee crime on the rise, it’s even more […]
Business Insurance: Hired And Non-Owned Auto Liability Insurance
Return To: Business Insurance – The Ultimate Guide Hired autos are vehicles that are leased, rented, or borrowed by businesses or their employees for commercial purposes. They’re typically associated with out-of-town business activities. Non-owned autos are vehicles that are owned by company employees but used for business purposes. For example, an employee may use their […]