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Updated over 3 years ago,

User Stats

91
Posts
51
Votes
Mel Park
51
Votes |
91
Posts

Homeowners insurance for rentals

Mel Park
Posted

The only (2) units I've owned thus far have mortgages on them, and therefore homeowner's insurance.

My next few purchases will be cash - - but I can't imagine not placing homeowner's insurance on that - am I right?

Is there insurance for rentals with no mortgage? Any guesses as to how much it is for 3bed/2bath SFH in Atlanta?

This is the 3rd time I tried entering stuff in on the Lemonade site and each time at the end there's a reason they don't insure something. This time it was "at this time we don't insure homes with no mortgage" - it's nice of them to tell you that *after* you've entered in every piece of information :)

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