How much coverage and what policy is recommended for rentals?
I now have 4 rental properties in Danville Virginia and have not paid much attention to rental insurance the way I should. I called my agent today and asked how much coverage I had for a tenants medical bills in case something happened to them. I was shocked to hear $1000. This scared me and I wanted to know what kind of policy and coverage amounts I should be looking for to protect myself insurance wise.