1. 130 POINTS
    Ray Jeffrey
    Insurance Agent, Liberty Mutual Insurance,
    It is going to depend entirely on the property itself, coverages, and the company. However, typically hazard insurance for a rental property will be more affordable than a primary residence as you are only insuring the dwelling and not any contents. The renter is responsible for purchasing their own policy to cover their personal belongings.
    Answered on June 6, 2013
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