Depending on the type of property you’re staying on and the level of involvement you have on a property, there are many different insurance coverage types to help you get the coverage you need for liability, damages, and more. For example, you might look into home or landlord insurance if you own a single-family home. But what is the difference? Can you have one and get the same coverage as the other? What do you plan on using the property for? Let’s look at these crucial questions and compare the two to understand their usage better. When you’ve settled on the right coverage for your needs, we’ll be here to help you find the proper coverage for your specific situation. The United Insurance Services Inc. team, which serves Bluffdale, UT, and the surrounding areas, is always ready to assist!
Understanding the Difference Between Home Insurance Vs. Landlord Insurance
One might reasonably assume that you need one or the other whether you plan on staying or renting out your property. This is true in some cases. If you want to live on your property, you need home insurance. You’ll need landlord insurance if you want to rent it out exclusively. However, there are instances where homeowners insurance can offer protection to tenants, namely if it’s part of your contract and you’re only renting out rooms or renting out the space to some people for very short periods of time. Home insurance is actually quite flexible so long as you have the right policy. Landlord’s insurance is solely for those who don’t live on a property and wish to lease it to others.
Get Home Insurance for Your Needs With United Insurance Services
From flexible policies to stringent traditional home insurance policies, you can get the help you need from us here at United Insurance Services Inc. if you live in the Bluffdale, UT area or nearby. Get in touch with us today, or compare quotes now!