Policy Analysis
Which one is right for you?
On this website, you'll find four policy reviews, and the right one for you depends on a single question: how do you use the property? Do you live there? Do you rent it out long-term? Do you host short-term guests? Are you the tenant? Each situation corresponds to a different review.
Start with how the property is used
Pick the line that sounds like you. Each one goes to the review written for that situation.
You live there
It's your home, or the place where you stay when you're in Miami.
You rent it out long-term
There's a tenant with a lease, and the rent arrives every month.
You offer short stays
Guests book by the night or by the week, and availability changes through the year.
You are the tenant
The unit belongs to someone else, and your belongings are inside.
If you do more than one of these
Many owners in Brickell live in their property part of the year and rent it out the rest. This is a common situation, not an exception, and it doesn't need a separate page: the answer depends on which use is more frequent and on the building's rules.
Start with the description that fits how you use the property most of the year, and note the rest on the form.
What this page doesn't do
This page organizes. It doesn't explain any policy, and the pages that do are one click away.
It doesn't tell you what a condo policy covers, or where the building's policy ends and yours begins:
It doesn't describe how the building itself is insured, which is the association's side of the line:
It doesn't cover flooding, which needs a separate policy in all four situations:
And it isn't a quote. If you don't have a policy yet, there's nothing to review:
Before you choose
- I live in the property and rent it out a few months a year. Which one applies to me?
- Start with the option that describes most of the year, and note the other on the form. If guests stay for less than 30 days, it's the Short-Term Rental Review; if there's a lease, it's the Landlord Review. Both reach the same person.
- I bought the property to rent it out. Is the policy from the purchase the right one?
- That's exactly what the Landlord Review looks at. A policy taken out at the time of purchase is generally written for an owner who lives in the property, and no one revisits it once a tenant moves in.
- My tenant asked whether they need their own insurance. Is that here?
- Yes, and it's a different page from yours. Send them to Renters Insurance Miami; yours is the Landlord Review. They're two sides of the same lease.
- Is a review the same as asking for a quote?
- No. A review starts from the policy you already have. A quote starts from the property and what you need to cover. If you don't have a policy yet, the quote page is the one you want.
Still not sure which one fits?
Describe the property in one sentence and we'll tell you which review fits. It's free, and it takes one message.