Rental Home Insurance for Your Basement Apartment
If you are renting out a section of your home or perhaps a
basement apartment, check with your insurance agent or home insurance
company first. If your unit has a separate entrance, it may be necessary
to secure a rental home insurance policy for the unit. Check to see
what your home insurance carrier's requirements are for the rental unit,
and make sure you are compliant. Don't just jump on the bare minimum coverage if you are renting out a room in your home!
Remember, we are talking about the rental unit that is attached to your
personal home. If nothing else, write a clause in your lease that
requires the tenant to maintain renter's insurance of their own at all
times during the term of the lease. The tenants own rental policy will
provide personal liability coverage for the tenant that could provide
you additional coverage in the event the tenant damages or destroys the
dwelling through his or her negligence.
TIP: Get the amount of insurance you need to protect
your home and rental unit from damage or liability. Calculate how much
your home and possessions are worth, and insure yourself appropriately
to protect from total loss.),交多少稅以及地下室是否符合town裏規定的居住條件。跟貸款公司&保險公司聯係以確信出租沒有問題。