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How can you get home insurance for a house that you are renting out in NC with no mortgage note?


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Wiki User
2015-07-15 21:10:26
2015-07-15 21:10:26

Insurance companies offer renter's insurance which covers the person's personal property, such as furniture, clothing, appliances, jewelry, and so forth. The coverage for the house itself is the responsibility of the owner.

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If you own the home in question (the title is in your name), you can deduct mortgage interest. If you are renting out the home, you can deduct some of the costs of having it as a rental, but I am not sure about the insurance. If you are renting the house only, without ownership, you may not deduct the interest.

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NO Home Owners insue covers the Home. You might look to Mortgage Insurance for paying a mortgage.

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Renting an apartment is not an investment. Mortgage payments increase the home-owner's equity.

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Mortgage InsuranceNo, Mortgage Insurance is NOT Homeowners Insurance. Mortgage Insurance does not cover your home at all.Mortgage Insurance covers your finance note, not your home.

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No, you do not. The deed has a due on sale clause, but no stipulation for renting your home.


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