Since I'm looking out of state, I am willing to pay a premium.

Ciro LoCascioWe are here in NY as wellNot only is it getting difficult to qualify for rental insurance coveragebut policies with reasonable premiums are also getting rare.

At only a 8% premium, this can be a VERY interesting leverage opportunity with little downside and lots of upside.It's important to note that this is an investor to investor transaction, not the same as doing a deal with a homeowner who may be unsophisticated with buyer intentions etc.

Likewise make sure anyone you hire is licensed and if they have people working for them check that they are paying their L&I premiums.

Jon K.Like you, I do not understand the business case ... unless the premiums were very stiff!

Banks would pay a premium for jumbo Certificate of Deposits ($100,000 or greater).Let's hope something of this nature does not return.

You did not lie on the application for the loan and you can't be held to change it because you need to move.The tenant should pay you and you pay the lender as you have.Change the insurance to a landlord policy and you pay the premiums from rents.

I've had college kids who would have had to pay more in premiums than the stuff was worth.

A friend of mine accidentally got into renting timeshares...he bought his timeshare in 2003 in a premium spot.

Great support.or GreenGeeks.com (offsets with wind energy credits)Studiopress.com premium themes.