Did you know your standard home insurance policy may not be adequate to protect you against risks associated with owning a rental property? Learn more below.
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What You Need to Know About Landlord Insurance
As a landlord, it is important for you to have insurance that is specifically geared towards protecting your rental properties. Did you know your standard home insurance policy may not be adequate to protect you against risks associated with owning a rental property?
Rental property is a great investment, especially if you protect your assets with excellent coverage. Make sure that you and your property are covered when choosing a landlord protection insurance policy.
Landlord Protection liability insurance options protect you and your spouse or domestic partner against personal injury, wrongful eviction, or wrongful entry as well as other non-bodily injury claims such as libel and slander.
Extra Coverage Doesn’t Have to Cost a Lot
Many landlords supplement their coverage with personal umbrella liability insurance for broader protection. Talk to us today about the amount of coverage that’s right for you.
Your investment is unique, and you need insurance that is customized for rental properties and landlords. If you are underinsured, even a seemingly insignificant event could leave your investment properties vulnerable. Coverages you may need to consider as a landlord:
- General Liability
- Legal Expenses
- Loss of Rent
- Theft & Damage
- Denial of Access
- Personal Umbrella Liability
- Business Owner's Policy