You probably know that renter’s insurance covers your personal possessions, but most policies also include additional coverage that makes it well worth the very reasonable cost; 1. Coverage of your possessions when you travel, such as theft from your car or stolen luggage. 2. Liability coverage should a visitor be injured in your rental. For example, a bite from ‘Fido’. 3. Loss of use coverage, if the home becomes damaged and uninhabitable, will help with cost of temporary housing and more. 4. Your landlord’s policy does not cover any of the above, so it’s up to you to make sure you are protected if the unforeseen should occur.
It’s a Great Time to Invest in the Rental Market
May 11, 2018
There has been so much talk about the loosening up of vacation rental restrictions in our area.
While our vacation rental department is booming, there will always be a demand for long term unfurnished rentals. Although we have increased our inventory of vacation properties, we have not lost one unfurnished rental property to the vacation market. Unfurnished rentals continue to be a good steady investment option. We have recently experience a surge in new investors with unfurnished rentals, particularly in Cottonwood and the Verde Valley. This a great time to invest or purchase your future retirement home!
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