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Fire insurance 101: What landlords & property managers need to know

Buildium

That’s why having the right insurance in place is so important. Staying on top of the insurance policies for the properties you managemaking sure they have the right coverage and keeping those policies up to dateis just another way you can provide value to your owners. What Is Dwelling Fire Insurance for Rental Properties?

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Landlord Insurance: Everything You Need to Know

Osprey Property Management

Renting out property can be profitable, but it carries certain risks that traditional homeowners' insurance might not cover. That's where landlord insurance comes into play. This specialized kind of policy is tailored to protect property owners who rent out one or more residential homes, apartments, or condos.

Insurance 235
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A Safer Home: How Landlords Can Protect their Properties as Insurance Costs Rise

American Apartment Owners Association

Vice President & Branch Owner at All Solutions Insurance As property insurance costs inch up with inflation and rising maintenance costs, landlords are finding comprehensive and affordable insurance coverage increasingly difficult to secure and retain. By Seeta Bhandari, Sr. How much dwelling coverage do you need?

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Rhino Security Deposit Insurance for Tenants: Everything You Need to Know

Osprey Property Management

Osprey Property Management is thrilled to offer a modern solution: Rhino Security Deposit Insurance. For tenants, especially those in the Virginia Beach area, the traditional security deposit can create financial strain. This alternative helps ease financial pressure on renters while offering property owners the peace of mind they need.

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What Do You Need to Know About Homeowners’ Insurance and Wildfire Coverage?

Beach Front Property Management

For homeowners in many states, this highlights the importance of including reliable wildfire coverage in their insurance policies. While some insurance providers exclude wildfire coverage from standard policies, many fill the gap. Most insurance policies provide home insurance fire coverage for wildfire damage.

Insurance 130
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ADU Insurance: What All You Need to Know

Beach Front Property Management

Building or owning an ADU requires a clear understanding of the insurance options that safeguard your investment. Each insurance type offers specific coverage for the property, ensuring comprehensive protection for homeowners, residents, and the structure itself. Explore the importance of ADU insurance and the protection it provides.

Insurance 147
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Should I Require Renters Insurance? A Guide for Landlords

Osprey Property Management

Requiring renters insurance can be a game-changer for both landlords and tenants, providing peace of mind and reducing potential liabilities. According to Money Geek , the average cost of renters insurance in Virginia is $127 per year. So, should you require renters insurance for your Portsmouth rental properties? Here’s why.

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