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.