New REI NEEDS INFORMATION

What is land lord insurance? Is it the same as home owners ins?

THANKS IN ADVANCE smile

Comments(2)

Worf24th December, 2003

"Landlord insurance" is for non-owner occupied residences. It covers the landord for liability and the building only, not personal property of the tenant. Homeowners insurance is totally different in the sense that it can cover personal property of the homeowner. If you have a non-owner occupied residence, make sure that your insurance agent knows this. He will know what type of insurance that you need.
Tophat124th December, 2003

THANKS FOR THE INFO.

IS THE COST ABOUT THE SAME AS HOME OWNERS?