Hi,
If my business own 2 properties in different location in nevada.
One is a condo and the other is SFR.
I have a Rental Dwelling Insurance policy for under my business name and the location in this policy is the SFR address.
1.Does this policy cover the condo also (because both the SFR and the condo belong to the buisness) or I need to create another seperate Rental Dwelling Insurance for the condo?
2.The leasing contracts with our tenants is under the business owner name and not under the business name, so if there will be any calim against the policy it will come toward the buisness owner,
Does the Rental Dwelling Insurance will automatically cover any claims against the owner itself regarding the property or we must add the owner to the policy as a beneficiary too?
Thank you !!!!
If my business own 2 properties in different location in nevada.
One is a condo and the other is SFR.
I have a Rental Dwelling Insurance policy for under my business name and the location in this policy is the SFR address.
1.Does this policy cover the condo also (because both the SFR and the condo belong to the buisness) or I need to create another seperate Rental Dwelling Insurance for the condo?
2.The leasing contracts with our tenants is under the business owner name and not under the business name, so if there will be any calim against the policy it will come toward the buisness owner,
Does the Rental Dwelling Insurance will automatically cover any claims against the owner itself regarding the property or we must add the owner to the policy as a beneficiary too?
Thank you !!!!
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