Landlord Insurance provides coverage for property owners who rent or lease residential homes, apartments, townhouses or condos. As a landlord, you need protection from potential financial losses that may result from damages to your rental properties which include fire, vandalism, severe weather, and even the unimaginable.
Obviously, Landlord Insurance protects the dwelling which you are renting or leasing to tenants, but it also extends protections to potential liability claims resulting from examples like slipping on an icy sidewalk or cuts from a broken window that resulted in a trip to the emergency room. This type of coverage typically includes protections for additional buildings such as detached garages or storage sheds on your property, as well. Most policies will even cover the cost of upgrades to building codes should your property need repaired from a major incident.
Please keep in mind that Landlord Insurance does not include coverage for the contents and belongings of the dwelling spaces you rent or lease to your tenants, but don't worry, we've got you covered. Our agents are able to help your tenants obtain Renters Insurance
so that they are protected, as well!
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