Insurance for Rental Properties

In Downtown Miami, as well as in many areas in Florida, many buyers are purchasing for investments and renting the properties. In the other hand, many current homeowners are loosing their homes, forcing them to rent and many tenants are being asked to move due to foreclosures. This article will give you an insight on the differences in rental insurance. In Miami condos, the interior is not insured by the condo association which pays your homeowners policy, only the exterior is covered. If something happens inside, you have to replace it and it's money out of pocket, unless you are insured. To be a landlord, you have to educate yourself, it's not as easy as purchasing and renting, there is a lot involved.

Please read on, and being a landlord myself, if you have any questions just ask.

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  Understanding Landlord Insurance

  Turning your home into a rental or buying an investment property? Expect to pay up to 20% more for the right insurance policy to protect your property. Read

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