Difference between personal and commercial insurance policy for a landlord?
What's the difference between a personal policy and a commercial policy for a landlord?
I was getting a quote for umbrella from RLI and they won't cover properties that are under a commercial policy:
- Excludes residential properties that are covered under a commercial or other non-personal premises liability policy.
But, they still cover "rentals". So what's the deal? Can you even get a rental put on a personal policy? If so what's the difference?