Insurance is important, no matter what kind of rental property you own. If you’re unsure what kind of insurance to get for yours, you have to consider factors like occupancy and the availability of shared spaces in your home.

Watch now to learn more about insurance policies for rental properties and how occupancy can impact the scope of your insurance policy!

Key Talking Points of the Episode

00:00 Introduction
01:15 How did the pandemic change the definition of occupancy in insurance policies?
02:01 When is it more practical to do a traditional landlord lease?
03:22 What kind of insurance should you have if you’re renting rooms in your home?
04:13 How do shared spaces impact the kind of insurance you’re supposed to have?

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Bill Fairman and Wendy Sweet, sibling principles of Carolina Capital Management, have a combined 35+ years of conventional real estate sales and finance experience. They, along with President/CEO Jonathan Davis, serve as consultants for investors, guiding them to network with other investors and educating them in locating and structuring transactions. We put People and Principles ahead of Profit--always.

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