If you’re wondering whether renters insurance is tax-deductible, keep in mind that how you use your covered rental is the determining factor. Your policy should most likely cover personal property and liability for injuries. Additionally, it will compensate for any temporary living costs brought on by a covered event. However, unless you use the Read More
Renters Insurance Coverage 101: What You Need to Know
31March,2022
By Hoffman Brown Company | personal liability security, property damage, Renters insurance tips | No CommentsWhile landlord insurance coverage covers damage resulting from perils like hail, wind, or fire, it only covers the cost of fixing the rental unit and replacing any property that belongs to the landlord, such as the furniture in a furnished apartment. In other words, the policy typically excludes the tenant’s personal possessions as well as personal Read More
