Property insurance policies are normally renewed automatically after one calendar year from when the policy went into effect.
What is medical expenses coverage in landlord and rental property insurance, and how does it differ from general liability coverage?
The age, type of material, and condition of your roof are all considered when determining the coverages that should apply to your roof.
By switching to Honeycomb, the COA's surveyed saved on average 40% on their insurance costs, equalling $800 dollars less in yearly HOA fees
Calculating cash flow is an essential part of owning a rental property and should ideally be made before the purchase to ensure it’s a viable investment
Vandalism is a covered peril in most property insurance policies, but there are exclusions such as vacant properties and cyber vandalism
An admitted carrier is an insurance company licensed and regulated by the state government in which it operates
A rent payment ledger is a vital tool for landlords to keep track of rent payments. You can download our rent ledger template free of charge
If you own a property with rental units and a mercantile such as a beauty parlor or a shop, you need to get a commercial insurance policy
Harjeet Bhatti has been working as a loan originator for more than 21 years, and has a lot experience with first time investors and financing
Landlord insurance in Massachusetts is designed for those who rent out their properties to others on a residential, long-term basis.
If you're a landlord, you need to understand the Massachusetts rental laws to ensure your investment is protected and give your tenants the best experience possible
If you're a landlord, you need to know the Utah rental laws to ensure your investment is protected and give your tenants the best experience possible.
Using an online rent collection app allows you to receive rent in half the time or less compared to traditional rent payment methods
New Jersey's landlord-tenant laws are designed to provide a framework for the rights and responsibilities of both landlords and tenants.
New Jersey is a densely populated state with a thriving real estate market, and there are many opportunities for real estate investors to generate income from rental properties.
How to boost your property’s rental value by creating an eco-friendly home
Townhouses are often considered to be a good choice as they’re generally less expensive than detached properties, and they may have access to luxury amenities
Based out of Austin TX, Rachel Salz collaborates with and educates agency partners on our innovative products for habitational and single-family rental properties.
Honeycomb customers can now get a free installation of Amazon Key, an easy and safe way for apartment buildings and condos to receive deliveries
Short-term rental insurance is available for those wishing to lease out their property (or part of their property) to holidaymakers or others
Preventative maintenance is the key to reducing long-term expenses, minimizing tenant complaints, and increasing the lifespan of your property.
Many landlord insurance policies have a fungi or bacteria exclusion, meaning that they specifically do not provide coverage for issues related to mold.
Every landlord should understand how canine liability insurance exclusions work in order to protect themselves from unwanted liability.
Whether you already have a pool on your rental property or you are planning on installing one, be aware that swimming pools can have an impact on your insurance costs.
Pests can be a real nuisance in any home, but who's responsible for getting rid of them? The answer depends on your lease agreement and where you live.
If you’re investing in rental property, make sure you know what to expect and how to avoid capital gains on an investment property.
When and why should a real estate investor consider an LLC?
Can landlords raise rent as much as they want? Not usually. In addition to rent control laws, landlords must also consider the terms of the lease.
Loss of rental income coverage is an important type of business income coverage for landlords, but it does not provide coverage in all situations.
Knob and tube wiring is an outdated and potentially unsafe electrical system, leading to high policy premium rates and often refusals to any property with K&T wiring
Getting an insurance quote for your rental property or HOA/COA is easy with Honeycomb
An umbrella insurance policy can provide additional coverage for major liability losses.
If you’re relying on homeowners insurance to cover your rental property, you’re paying for coverage you don’t need and going without coverage you do need
Honeycomb’s Laura Moseley sat down with Bott to talk about market trends for 2023, the impact out-of-state investors have had in the mid-west, and what he thinks insuretech will do to the industry.
Additional insured status extends coverage to someone other than the named insured and can be useful in HOA and landlord insurance situations.
Normal wear and tear in a rental refers to the expected amount of deterioration of a rental unit due to a tenant’s everyday use
Choosing between the two main property valuation methods – actual cash value vs replacement cost – can make a big difference if you ever have to file a claim
Knowing how to read your landlord insurance policy can help you verify that you have the coverage you need to protect your property and income.
If you don't have the right insurance coverage for your rental property, you may face serious problems if you need to make a claim
Buying a rental property with tenants is a unique situation that comes along with its own set of pros and cons, so make sure you know what they are.
Why are insurance premiums going up? Inflation, claims, and other factors are leading to higher insurance costs, but there are ways to keep the costs down
Don’t overpay for insurance. Keep your landlord insurance costs down by preventing claims and selecting the right coverage terms.
Cold weather brings a new set of challenges for landlords. Make sure you follow best practices to prepare your rental unit for the winter
As a landlord, it’s important to know whether renters’ insurance is mandatory and why you may or may not want to require it yourself.
Landlords, HOAs, and other businesses have access to terrorism insurance coverage under TRIA. This can cover property damage and certain other losses.
The best way to get your property in front of lots of eyes and find new tenants is to list it on one or more of the many rental platforms out there.
Hired & non-owned auto insurance provides coverage for the rented or personal vehicles you use for business. It may be important for your HOA.
Make sure you know all the rental property tax deductions you’re eligible for as a landlord to maximize your income.
When should landlords change locks for new tenants and when shouldn’t they? The answer isn’t always so simple
The best states to be a landlord are those that meet certain requirements which make them landlord friendly— make sure you know what they are!
Tenant damage can be costly to repair. The cause and nature of the damage will determine whether tenant damage insurance provides coverage.
If you own or manage a rental property in Georgia, you need to know about the landlord-tenant laws in Georgia.
HOA and COA complaints can arise from a variety of situations, so it’s important for HOA boards to know how to deal with them
Landlord insurance in Texas provides valuable protection against natural disasters, property damage and third-party liability.
Determining what to charge in rent can be tricky. You want to run a profitable, but you also want to give tenants a fair deal that they can comfortably afford.
As an add-on to your property insurance, equipment breakdown coverage covers unexpected equipment failures and is important for landlords and HOAs
Landlords in California face specific natural disaster risks and legal requirements. Protect your rental property with landlord insurance tailored for California
The BRRRR strategy can be a lucrative way to make passive income by investing in multiple rental properties.
Tenant moving out? Here's a free, printable tenant move-out checklist saves you time and streamlines so you can get your rental unit filled again immediately
State laws vary regarding whether apartments can ban guns, so make sure you know what your local laws say about firearms in rental properties.
"Damage to premises rented to you” is not a separate insurance policy. Rather, it is a type of coverage typically found in general liability insurance policies.
Landlord insurance deductibles can make a significant difference in the cost of your insurance. Here’s why you may want a high deductible.
What is business income insurance for landlords? It covers loss of income resulting from damage to physical property – protecting your rental income.
Are you allowed to ban pets or regulate what kind of pets your tenants can have? Does this apply to emotional support animals as well?
Landlord insurance typically provides limited water damage coverage. However, some loss types, including flooding, are commonly excluded
Before renting to tenants, make sure you study these must-know landlord tips that others in the rental business wish they had known before starting.
Setting a new HOA budget is something you have to do annually. Using some HOA budget best practices will help keep your budget balanced every year
If you own a rental property, you need to know the benefits and disadvantages of setting up an LLC for rental properties.
Wind and hail insurance provides important protection. For homeowners and landlords, roof replacement is one of the largest property expenses you can incur.
If you own rental property in Michigan, you need to know about the landlord-tenant laws in Michigan, including eviction rules and lease requirements.
If you own rental properties in Wisconsin, you need to know the landlord-tenant laws in Wisconsin, including eviction rules, lease requirements and more.
Maintaining your rental property can be expensive and time-consuming, but failing to maintain it is even worse and can expose you to liability lawsuits
The coinsurance clause is a common feature in many landlord insurance policies, and it can lead to costly penalties when you file a claim
Your home or rental property’s replacement cost is not the same its market value. Learn how to determine the replacement cost of your home or multi-family complex.
Laws regarding disclosing death in rental property vary from state to state. Make sure you know what your obligations as a landlord are.
Entering into a cash for keys agreement can get delinquent tenants out of your property fast and save you money in the long run.
When do you need a lead based paint disclosure? Lead paint is a common hazard in older builders, and landlords need to know their duties under the law.
Ordinance or law is a type of coverage that protects you when you need to rebuild your property according to updated building codes, ordinances and laws
State tenant laws for landlords in Illinois often favor landlords but provide fair rights, duties, and regulation for both tenants and landlords
Arizona is generally viewed as a state that favors landlords. Arizona has the lowest property tax rate in the country and flexible eviction laws.
Evictions can be difficult for both tenants and landlords. To avoid legal complications and disputes, landlords must strictly adhere to the eviction process
Californian landlord-tenant laws and regulations tend to be tenant-friendly, but still provide good opportunities to resolve matters fairly for all sides
Texas, in most cases, is generally landlord-friendly. TX landlord-tenant laws are straightforward though may be slightly different for each county.
Residential lease agreements are essential for starting the landlord and tenant relationship on the right foot.
In OH, landlords need to adhere to federal, state, city laws and their own property rules when leasing to tenants
PA landlord-tenant laws tend to be landlord lenient, even friendly. From limits on late fees to entry notices, landlords do not have stringent rules
Need an HOA meeting protocol template? Here’s a sample you can customize along with key considerations to make your HOA meetings more successful.
Terminating a Rental Lease? Here’s what landlords need to know to avoid potential tenancy problems, along with a sample termination of rental lease letter.
Squatters can cause problems for HOAs. Here’s what HOAs can do to deter squatters.
Squatters can cause damage and impede rental income, but landlords still need to follows laws regarding squatters’ rights. Here’s how to evict a squatter.
A landlord-tenant move-in checklist is a good way to set a clear standard while outlining your expectations for your landlord-tenant relationship.
We’ve put together a list of 14 of the best landlord software on the market to help you stay organized
In California, landlords cannot increase rent by more than the sum of 5% plus the local inflation rate (or 10%, whichever is lower).
Landlord insurance isn’t mandatory in Illinois, but it's a great way to safeguard your property against damage and liability.
This guide focuses on your loan options, borrowing limits, down payment amount, and other key elements you need to know about multifamily financing
Having a sound budget for your HOA is a critical part of a successful community. It’s also essential for facilitating the management of your HOA’s property.
Deed-restricted communities are not necessarily a bad thing, even for landlords. Restrictions may actually help maintain the value of your property
Volunteering on an HOA board can be a miserable and sometimes isolating experience, and that's where an HOA management company can really help you
Apartment owners operate in an extremely litigious environment. That’s why robust landlord liability insurance is crucial.
Ben Piening Chief Underwriting Officer