It is not always easy to find the
right homeowners insurance policy or to make sure that the policy you already have is still fairly priced and provides adequate coverage.
If you have an existing renters or
homeowners insurance policy at your permanent residence, it likely includes two coverages that may help protect you while you're at your vacation rental.
While homeowners insurance policies have provisions to cover your property, the specifics can mean a big difference in how you're compensated if something is stolen or damaged.
Most
homeowners insurance policies also cover temporary living expenses incurred as a result of a covered loss as well as a limited amount of personal liability coverage.
Renters insurance
like homeowners insurance policies, the location, age, type and quality of construction of your property are significant factors in determining your insurance premium monthly cost.
Unlike the traditional
homeowners insurance policy where you can choose the deductible, earthquake insurance usually has a set deductible tied to the value of your home, typically between 10 and 15 percent.