What would be the best way of investing £100,000 in the uk? |
| I'm looking for highest return,but able to get to my money within about 6 weeks if needed.... |
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Is there any Bank with name Nat west Bank Plc? |
| I was contacted by Euro Millions International that I have won a prize of GBP 1,500,000 and I should contact Nat West Bank Plc. Mr. Francis Lauren of the Bank advised me to transfer GBP1,o50 to Mrs. N... |
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How can I invest small amounts in the stock market? |
Im pretty poor...can I invest $20 for example.
How does it work? is there a possibility that I can loose all my money if I don't do it right? Additional Details Thanks ... |
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I want to invest, but I'm only 16 and I have only $1000? |
| I have been reading up on strategy and stuff like that, and I was just wondering. How do you buy stocks? can you do it online? and where? I know I'm super new to this, so any advice would be ... |
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What do you think of the 500 Index Fund from Vanguard? |
| I'm looking to invest $3000 in a fund and I've heard good things about Vanguard.... |
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Starting my own 401k plan? |
| I am a nurse whose current employer does not have a 401k plan. I am interested in starting my own. When I search the internet, all it seems to inform about is like 150k a year income. Yeah right ... |
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What Would Be The Best Investments If Iran Flooded The World Market With Cheap Oil? |
And if they did it in Euros?
The Energy Non-Crisis
http://video.google.com/ Details Great answers so far in a normal world, ... |
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Why can't people answer questions with "to the point" brief concise answers that are workable? |
| Is it that most people are just too ignorant to do it and need to point to a book or someone else? Are people really that shallow, that they have no ideas or culmination of information in their ... |
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Plz help me to choose best mutual fund for me.? |
| I want invest through SIP of Rs.1000 PM for next 5 yrs having withdraw facility and regular or good returns.... |
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What should I do with my 401k? |
| I left my old job and started my own business 4 years ago. My 401k is still there! I have had numerous banks and investment firms shouting give us your money! I am 47 years old, struggling to make ... |
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Will mutual funds pay yearly dividends if stocks keep dropping? |
| If not, there is no point to continue to invest and throw my down a black hole.... |
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Difference between a traditional IRA and a Roth IRA? |
| is it one link to some kind of investment and the other not?... |
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How can I earn 110 dollars for a 14 year old? |
| I live In LA no snow only serious things...... |
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Is this true ? ?? |
i heard that if you save $1000 a month until you retire you will be a millionare?
Is this true ??... |
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What happened to the stock market?!? |
| I leave for 2 weeks and look what happens! Well, won't somebody tell me what happened? Because it seems that many very stable stocks in various sectors are down to half their 52-week low!... |
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Are ALL stock market indices designed to give a falsely positive picture of stock market investments? |
The long-term performance of stock indices is often given to "prove" that stock market investments are one of the best investment options. But are the decks stacked?
When an ... |
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jo_anna1 | Homeowner renting out house... need insurance? |
If you are a homeowner and rented out your house, are you required to have any kind of insurance on the rented house? (Please only answer if you actually know the answer, or can share your personal experience in that regard, Thanks) |
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AllCourt
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Whether or not it is a requirement is determined by your local municipality. I recently rented out my home and my county had a licensing requirement (granted for a 2-yr period) and fee, that involved an inspector coming out and checking for smoke detectors, property condition, etc. I believe they required that the property be insured.
It is HIGHLY recommended however. You definitely want to increase your liability insurance to the highest amount that the ins. company will grant. In our case, the insurance company required us to switch from their homeowner's policy to another type of policy for rental property. We raised our liability limits due to the fact that the property would be solely occupied by "strangers".
Also, we have a property mgt co. handling the property and THEY required insurance before they would take on the responsibility. |
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Scotty B
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If you own the house outright you would not need homeowners insurance, but if you have a mortgage on it most lending companies require it. I would still keep insurance on the home regardless, but remove insurance for contents and the like, that way if your house burns down you will still get the value of the home. |
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BoomChikkaBoom
 |
Of course.
You are still the homeowner and you need to take the appropriate steps to protect your interests in the property. If it burns down or something and you are uninsured, you get nothing and lose every penny you paid for the place.
Make sure you tell your carrier that the house is rented empty so you can save some bucks on contents coverage.
A tenant can carry insurance also for their personal property because they won't be covered under your policy. |
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steve ronin
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yes and you must inform the insurance company that the property is being rented. |
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markjem46
 |
If you still have a mortgage to pay,then you must have insurance. |
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sirade1
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Most Definitely. Your insurance is on the house, property etc. (If you have a mortgage it is mandatory)
If a renter decides to get renters insurance (and it is not mandatory) then it covers his belongings in the house only. |
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♥wAKinG uP In HIs DReaMs♥
 |
Yes you do. You need homeowners insurance and the renters need renters insurance. If something happens then your house and property are covered but the renters belongings are not covered under your homeowners policy. They have to get seperate renters insurance that covers their belongings only. |
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Valley R
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Absolutely. First of all your lender will require it .. Secondly, why would you not want to insure your investment. You need to carry insurance for the structure; not the tenants contents ... but you will also want liability insurance in case a section of the roof falls on homebody's head, etc. |
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