Aegis Blog

Insuring Your Second Home

Insuring Your Second Home

There’s a lot to consider when deciding to purchase a second home. Do you want it to be close to the ocean or in the mountains? Do you want to use it exclusively as a family vacation home or rent it out for extra income? Regardless of where you decide to buy and how you choose to use your second home, you’ll want to be sure that it is protected. With the right policies in place, you ...
What Insurance Do You Need for Your Vacation Rental Property?

What Insurance Do You Need for Your Vacation Rental Property?

The purchase of investment rental vacation properties is on the upswing. Over two-thirds of second home owners rent out their properties for a portion of each year to help cover the costs for their vacation home. Because most vacation rental properties are located in places with higher exposure to risks – such as wildfires, flooding, hurricanes, theft, and vandalism – investors are in need of insurance that will help cover the costs. Additionally, renting out a vacation ...
7 Things to Know Before Investing in a Vacation Rental

7 Things to Know Before Investing in a Vacation Rental

You’re planning on investing in a vacation rental but don’t know where to start. Embarking on a new business venture can be daunting, but knowing these 7 things before investing in a vacation rental property can help you on the road to success. 1. Be Prepared to Pay a Higher Mortgage When you apply for an investment property mortgage, expect to face higher interest rates than you see when you buy a home you plan to occupy. ...

 

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