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Landlord
Insuring property which is rented to others involves additional consideration. For those who have just one location, in addition to their primary residence, the possibility exists to add to the primary home and auto account. For those without a primary homeowner's policy in the state of Ohio, properties that are for sale, vacant or otherwise difficult to place with a standard carrier more specialized products are available.
Two important factors to consider, are the perils that will be covered by the policy and the limits that the policy will be written for. While many landlords express an interest in limiting their premium by minimizing their coverage, in the end it could result in much higher expenses if a loss is unpaid due to coverage limitations.
Two important factors to consider, are the perils that will be covered by the policy and the limits that the policy will be written for. While many landlords express an interest in limiting their premium by minimizing their coverage, in the end it could result in much higher expenses if a loss is unpaid due to coverage limitations.