Landlord Insurance
-
I own two houses. What friendly advice can you give me about liability protection? Do I really need separate landlord insurance for the property I rent out?
-
Safeguarding your assets from liability is crucial, and typical homeowners insurance often doesn’t extend to rental activities. However, the key approach for a property owner is to utilize a comprehensive strategy for protection. To effectively secure your personal assets against possible lawsuits related to your rental business, you should consider obtaining dedicated landlord insurance and establishing a Limited Liability Company (LLC). This combination provides a robust shield.