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Should I enlist Rent Loss Insurance in the binder?

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JDT7


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Post     Post subject: Rent Loss insurance

We have just completed a major rehab on our rental home and it is squeeky clean and fresh.
We are screenng for a new 'responsible' tenant.
My question is - can we get rent loss insurance on the property even though we haven't yet placed that new tenant?
Mini Profile  gmakerley

gmakerley
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it would make sense to me that an insurance company would do that, though you obviously couldn't cash in on that portion of your policy based on not having had a tenant to begin with.

it would occur to me that an insurance agent might be the one to ask this question of.

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