I am in the process of buying my first rental property. What type of insurance do I need? Rental, landlord, condo insurance? A bit confused.

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Also, find out what the HOA deductible is and coordinate your policy accordingly. Many are high like 20-25k. Finally, you may want a recommendation in your lease agreement that the renter obtain a renters policy.

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What kind of property? The insurance would depend on the type of prop

Make sure you have fire insurance that is the main one. Your insurance company will advise you:

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