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Updated over 3 years ago,
Homeowners insurance for rentals
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 :)