GET SMART WITH YOUR...Investment Property

10/22/2019 GETSMART

Every week, we give you tips on how to get the most value you can out of your insurance policies, from homeowners to auto to investment properties. Click to read a quick tip about maximizing the value of your investment property insurance!

Here's one way to GET SMART about your investment property insurance: Never rely on a standard homeowners policy!

A standard homeowners policy is never adequate for a property unless it’s your primary dwelling. To guarantee coverage, you need special endorsements that are contingent on the use and occupancy. Is it a short-term rental? Long-term? Flip property? Each of these require separate and distinct endorsements to protect you from loss.