February 22, 2024

A home insurance company may want to inspect your home when you’re enrolling in coverage to help manage its risk. While you can refuse an inspection, it’s best to maintain your property and undergo the process. Furthermore, preparing for a home insurance inspection can help you pass and streamline the process.

Although you can deduct home insurance premiums, it depends on the status of the property. Furthermore, there are other expenses, such as property taxes and closing costs, that may need consideration while filing. As always, tax codes can change and are complex. Working with a licensed professional is always the best course of action.

Summary: Most standard landlord insurance policies won’t cover a vacancy. However, there are different types of vacancies and different policies available. You can find coverage depending on your needs. Communicating with your insurance carrier is key to finding the right coverage and price for your rental. Estimated Read Time: 2 mins Standard landlord insurance typically excludes