Your liability coverages should apply, if you feel you need more coverage when you are renting a car then when you are in your own car I would go ahead. Usually their insurance is not necessary, I would verify this with your agent though.
You will need your home owners insurance. That is the only insurance you will need because if something happens it is on your property and you will be covered under your home owners policy. When you rent a backhoe there will be an additional charge for insurance. You can either pay the charge or not, but you have to be careful as to what liability you're assuming when you sign the rental agreement.
rent is an expense while outstanding rent is a liability
If rent is payable then it is liability for business but if rent is already paid then it is not liability but it is expense.
Yes, you will need renters insurance.
You definitely need Commercial General Liability, Commercial Property coverage for equipment rented & leased to others and wroker's compensation if you have even (1) employee
There are landlord and owner liability insurances available. A good lease agreement and deposit for damages can also help you cover damages by tenants.
Liability only covers the "other' car/property. So no the rental car would not be covered.
Yes, Just rent a car for the day and ask for the car insurance with the rental rate.
When you rent would be my best guess.
You do not need car insurance if you rent a truck but, you should have some sort of insurance. If you get hit or cause any damage you will be liable to pay money. There are many rental truck insurance options. If you go with Budget there is a variety of insurance options to choose from.
asset liability
If you rent an apartment, you don't need homeOWNERS insurance, but you you definitely need Renters Insurance, which is a form of homeowners insurance. Most renters' policies will protect your personal belongings from perils such as theft and fire. It will also reimburse you the cost of additional living expenses if your apartment or rented home is damaged by a covered peril. A renters policy will also give you liability insurance; don't thnk for a minute that if someone falls in your apartment that only your landlord will be sued. If your dog bites someone, it will also protect you if you get sued.