Whether you just bought an investment property or you’re toying with the idea of renting out your own home for a short period of time, you’re probably wondering what to do about property coverage. Many new landlords wonder if their existing homeowners insurance policy is enough to cover their rental property.
Unfortunately, there is no one-size-fits-all answer to that question. Instead, the type of coverage that you will need will depend on how you intend to rent out the property. With that in mind, we’ve laid out some more specifics below. Read on to learn whether or not you need to get supplemental insurance for your rental. Read more…..
Chart of the Day
Icarus TV
The full impact of coronavirus is yet to be determined, but the insurance industry may be prepared to weather the storm. Eric Dinallo, chair of the insurance regulatory group at Debevoise and Plimpton, joins “Squawk Box” to discuss the risks the coronavirus outbreak poses to the sector.
