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Can you tell me more about landlord insurance? I am considering keeping my condo as a rental when I purchase a house in the near future, and want to know how landlord insurance works. I realize I pay a premium and they cover me against lovely tenants, but how do the premiums for that work? The unit will rent out for ~$900/mo, with a direct cost to me of $650/mo. So I am positive $250 a month, can I pay $100/mo to the insurance company and they cover any repairs over $1000 per year or something? I realize the premiums and terms will vary, I am just looking for ballpark figures and common things that affect those numbers.
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# ¿ Jul 29, 2012 00:33 |
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# ¿ Apr 28, 2024 07:10 |