Arizona -
I own an investment property (condominium) that I rent out. I recently started an LLC and transferred the deed into the LLC but I need to find out what kind of Insurance I need on the property? It seems that every company says something different: some say I need a landlords insurance policy, others say I need a business insurance policy and still others say just to get a standard homeowners policy.
Can anyone advise me on what to do?
Thanks.
I own an investment property (condominium) that I rent out. I recently started an LLC and transferred the deed into the LLC but I need to find out what kind of Insurance I need on the property? It seems that every company says something different: some say I need a landlords insurance policy, others say I need a business insurance policy and still others say just to get a standard homeowners policy.
Can anyone advise me on what to do?
Thanks.