Learn what is the Difference between a Rental Dwelling Policy and Homeowners Insurance Policy

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The only common thing about a Homeowners Insurance Policy and a Rental Dwelling Policy - also known as a Dwelling Fire Policy, is that both of them cover real property, but the coverage specifics greatly differ from one another. Therefore, regardless if you'd like to rent out your own property or maybe buy an investment property, it's safe to say that by having only a homeowner’s insurance policy you're going to suffer from limited coverage.

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Hey dear. If I am a homeowner, and I rent a room out to a person for Long term, which form will you recommend for this scenario?

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