Does Landlord insurance makes sense for you??????
If you’re a property owner who rents a home or building to others that is not partially owner-occupied, then the answer is yes.
One of the biggest considerations as a landlord is to decide how much you want to limit your coverage. With more coverage, you have to contend with higher premium costs. You can balance out the premium costs by adding a larger deductible (amount you pay to get a claim filed if something does happen).
However, if an accident or damage does occur, you will have to pay much more out of pocket to have your insurance kick in and pay for the claim.
ARTICLE WRITTEN BY
PRISCILLAH MUNANGATIRE