850722425037646 UA-121067147-6 DesktopLightning - Click Here For Free Traffic [evp_embed_video url="https://selfhelpanddiy.info/wp-content/uploads/videos/vid1.mp4"] Buy Now
Pay Now

Welcome to the Self help and DIY . info

Is home owners insurance effective if the home owner lives elsewhere?

Loading ....
So much paperwork on and investment property.

Let me see, NO. It will not be in effect at all, why you say? The key word is “home” here. You must live in the home in order to get the insurance company to pay for something that happens. If you do not live in the or on the property then they have a commercial insurance policy that will cover things and protect you if something happens, like when your tenant gets a mad dog and it bites someone, usually, renters will not have this kind of insurance. There is another reason why homeowners insurance will not cover things too. Simply when you get a commercial insurance policy you are in effect telling the bank that you are not living on the property and you are renting it out as an investor so this insurance policy will cover the bank too. Remember if you live on the property it is personal, but when you rent it out it becomes an investment property and needs a different insurance policy. Gil Gray HD


Ads by MyCBGenie 
Pay Now
About - GilGray

we want to help you with your maintenance issues around your home and help you with some remodeling things too. We also want to bring you quality products in this area and how to build...

Leave a Reply

Recent Posts

Recent Comments




Ads by MyCBGenie 


Gil Gray HD

This is an example of popup. Please create your custom popup inside your admin panel. Go to Settings > Right Click Popup
Powered by Right Click Popup