If you own a residential property that is held for investment and rented out for at least part of the year, you need coverage. There is insurance designed just for this circumstance.

Many insurance companies will not cover an investment property unless they also insure the owner’s primary residence. This can be to owner’s benefit, since having both properties insured by the same company can result in saving on both premiums.

A licensed insurance professional at NRT Insurance Agency can tell you what you need to provide full protection for your investment property. We can also suggest steps you can take to save money on your premium.