Rented Dwelling.
Purchasing a rental property is a huge deal! So, let’s talk about what we need to look out for.
Protecting your largest investment shouldn’t be taken lightly, which is why Alteri is proud to offer its clients with the most comprehensive coverage on the market. We understand that your situation is unique, and we look forward to building a customized coverage plan for you.
There are certain things homeowners should be aware of when choosing their home insurance policy, such as the amount of coverage they should choose for the building itself. The dwelling coverage amount represents the estimated cost the insured would incur to re-build the home - this has nothing to do with the value of the home. As an example, a mansion in a nice neighborhood might sell for $5M, but it might only cost $1M to re-build the house if it burnt down. In addition, the re-build cost is also important because it sets the tone for the rest of the policy. Personal property, additional living expenses and detached structures are all coverage items that are included on your policy, and they are provided as a percentage of the re-build cost you choose.
Give us a shout and we will help you choose the right amount and the right product for your home. Hope you learned something!
One house is a lot. Two houses is a ton. Let’s make the coverage part easy.
Want a home quote?
There are some particulars we will need to properly evaluate your home. Make sure to have some more advanced information handy, such as construction type, plumbing and electrical specifics and any other important information.
Send us the online form and we look forward to helping you. In addition to completing the online form, please send us the MLS listing (if this is a new purchase) so we can gather as much information as possible!