Owners often ask us: do I need owner insurance? We always like to remind owners that owning a rental property is a lot like running a business. Part of doing it successfully is protecting against the potential for financial loss. These policies that provide insurance to owners can help achieve that goal. So, we're talking about some circumstances in which insurance is necessary and how certain policies can help owners, compared to what would happen if you did not have one.
Loss of rent due to malicious damage by tenant, eviction or
If a tenant has put the owner in one of these situations, it is very unlikely that he will leave …
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Video credits to Walker Weir Property Management YouTube channel