Landlord Insurance Policy – What’s the Right Coverage?

Being a landlord comes with a great deal of responsibility. Not the least of which is to make sure that the property or properties that are owned are insured with the proper insurance policies. There is a multitude of policies available to landlords to protect themselves and their investments. The available insurance policies can be classified in three distinctive categories. There are policies that are essential, meaning they cannot be done without. The second category would be elective, meaning that under certain circumstances these policies would be needed. The third category is expendable, meaning that these policies would be completely up to the discretion of the landlord to take these policies out. [Read more…]