Protection for your rental property investment
Landlord Insurance is ideal for owners of non-commercial rental homes. Providing some of the same benefits as a homeowners policy, it's primarily for property you own and rent to others.
What is Landlord Insurance?
Landlord insurance is an insurance policy that covers a property owner who is renting out one or more properties. It offers protection from financial loss when a fire, severe weather, theft or any other covered event damages the property.
What Does Landlord
Our landlord insurance policies offer protection for property owners –
Dwelling coverage: covers damage to your home plus any structures such as sheds and garages.
Property Damage: protects you when there is damage to your personal property due to things like fire, or burglary.
Loss of Use (or loss of rental income): Compensates you for at least a portion of lost income
Liability protection: If a guest or a tenant is injured on your rental property because of something you’re legally responsible for, this coverage will help cover the costs.
Do I need landlord insurance if I already have homeowners insurance?
Homeowners insurance may cover the belongings inside the home, while landlord insurance covers the building and other dwellings such as a shed.
Landlord insurance can also provide liability during tenant lawsuits and medical expenses if someone is injured on your property.
Landlord insurance can also help cover loss of income if your rental units become uninhabitable.
These policies offer different coverages that allow you to protect your home, loved ones, and belongings. Consult with an agent today to find the best landlord policy for you.
for a Private Consultation to discuss your specific situation and personal and commercial insurance needs.