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Why do you need property insurance?
To protect your property and if anything were to happen to it your insurance can help you finically.
Who needs rental property insurance?
You will need rental property insurance if your are the owner of a rented property. This insurance, in addition to standard household insurance, covers things such a public liability.
Does homeowners insurance cover rental property damages?
No, you would need to purchase an Insurance policy for your Rental Property. Sometimes referred to as landlords Insurance.
How much car insurance do you really need in Massachusetts?
You are required by law to carry Compulsary Insurance Only. This would be Liability and Property Damage. I believe the current limits are 20/40 Liability and 5,000 Property Damage.
Will I need motorcycle insurance for my son's dirt bike?
If you are taking it out on the street then you will need motorcycle insurance. If you are traveling on your property then your homeowner insurance will cover it.
Who needs property insurance?
Anyone who owns a property, rents a property, apartment, condo, or farm.AnswerAnyone who owns property. And I define property as ANYTHING and EVERYTHING you own. This includes renters- they need property insurance to cover their belongings...
What insurance do landlords need?
Landlords can purchase landlord or rental property insurance to protect their properties. A landlord insurance should cover the building and any contents that are the property of the landlord.
Information about Property and liability insurance?
Insurance definitions found on the web can explain property and liability insurance more in detail. However the type of business you have will tell you what type of coverage you will need.
Do you need a license to sell commercial insurance in Texas?
Yes, you need an insurance license to sell any kind of insurance in Texas. For "Commercial Insurance" operations, you will need a Property and Casualty Insurance License form the state of Texas.
Can a person insure property that belongs to someone else?
No, in order to get an insurance policy on property you need to have an insurable interest. Meaning you need to own the property or have some other interest in the property.
How much is average property insurance for small business?
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What type of contract do you need to get money for your damaged property?
Insurance contract with an insurance company Indemnity bond
