Schneiderman Insurance Agency, Inc. Blog
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 Renting out your home is a fantastic way to earn extra money. Making your existing property a rental is a terrific investment if you don't use it or live there. Turning your house into a rental is beneficial for financial independence.
Read through to learn what it entails to be a landlord and what kind of return on investment you can expect before turning your house into a rental.
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 Home insurance is not required by law, although mortgage lenders require it before they will lend you money for your house purchase.
Home insurance safeguards the mortgage lender's investment by providing the funds to restore or rebuild the home if it is damaged or destroyed by a fire, a lightning storm, a tornado, or another covered disaster.  Every year, there are car accidents, and it's crucial to be prepared for the worst when you're driving, and auto insurance becomes important in this situation.
In an emergency, most people don't have enough money to pay for necessary repairs, damages, and possible legal costs. Car insurance eases the burden of financial obligations after an accident. These costs are entirely or partially covered by auto insurance.  The running of a business is something you can control partially, and the purpose of business insurance is to protect you financially if something goes wrong.
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January 2025
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