What You Need to Know About Landlord Insurance When You Rent Your Home Out
You may decide to rent your home if you’ve had trouble selling it and need to go ahead and move. Or you might have moved into a bigger home or downsized into a smaller one and decided to rent your original home. You may assume that your homeowners’ insurance will cover your former residence. That’s probably not the case, however.
The following are some questions and answers to help you know when homeowners insurance may not apply and when you need to get landlord insurance: