joi, 16 august 2012

The Different Between Cheap Landlord Insurance and Affordable Landlord Insurance

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The Different Between Cheap Landlord Insurance and Affordable Landlord Insurance
When you own a rental property, you understand how complicated it can be to market, manage, and insure your property. As a landlord, you have to focus on finding responsible tenants, inspecting the property when it is occupied, and insuring your property against all of the possible risks.

The Association of Residential Letting Agents released a report claiming that almost 40% of homes in the UK are under-insured. You should keep this statistic in the back of your mind when you are shopping for cheap landlord insurance. The whole purpose of insurance is to take away the risk from you as the landlord. Make sure you know what types of cover are available and building a comprehensive policy that is affordable but does not compromise your cover.

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