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Tag: Insurance Consequences

Ask an Agent: What Insurance Should Accidental Landlords Get?

What’s an ‘accidental landlord’? We’re glad you asked. The short answer: It’s a byproduct of turmoil in the real estate industry. Let’s explain: About 36.5 million Americans moved in 2014, according to the U.S. Census Bureau. Before the real estate crisis, most homeowners involved in moves sold one house to help pay for the next. However, soft markets and declining values left many homes ‘underwater’...