Marchant Property Management Blog

Owner Questions – How do I get started with MPM and what type of insurance do I need?

Brittany Caldwell - Thursday, September 24, 2020

Brittany:
Hi everyone. Brittany here with Marchant Property Management, for Talk About it Thursdays. Today I'm going to be going over two frequently asked owner questions, and those two questions are, "Do I need any special kind of insurance?" and, "How can I get started with Marchant Property Management?"

Brittany:
So for the first question, "Do I need any special kind of insurance?" If your property was previously your personal residence, it's very important once it becomes a rental to switch the insurance to a rental policy. This is very different from your homeowner's policy, and you do not want to give your insurance company any reason to deny a claim if there ever was one. Also, if your property is ever going to be vacant for more than two months, you also need to speak with your insurance provider about that and let them know that it's going to be vacant, because you may need a special policy for that situation as well.

Brittany:
The second question is, "How can I get started with Marchant Property Management managing my property?" You can get started right away by going to our pricing page of our website and clicking on the Click to Sign button for whichever plan you would like to choose. We have three different property management plans. An 8%, 10% and 12% plan is how we differentiate those. You can also get started by contacting us by email, or call us with your property information. Our emails and phone numbers are on our website as well, marchantpm.com, and one of our knowledgeable property managers will contact you for a free, no obligation consultation once you email us or call us.

Brittany:
So those are the two questions that I have for today, and I'll see everyone next week for Talk About it Thursdays. Bye.