LANDLORD INSURANCE
Contact
-
Landline: (227) 250 - 0009
-
Licensed in MD, PA, NJ, VA, DE
-
For Business Entities and Individuals
Landlord Insurance
If you’re renting out a property, landlord insurance is essential to protect both the properties and your liability. Your mortgage lender may also require this coverage. Landlord insurance helps safeguard rental properties from unexpected damage but does not cover routine maintenance.
Our team of professionals can help you have proposals, giving you flexibility to build a policy that satisfies your needs at a reasonable rate.
Different Forms, Different Premiums
Landlord insurance policies vary based on coverage types, resulting in a wide range of premiums. Two quotes for the same property can differ significantly in price due to different forms of coverage. It’s crucial to understand your policy options to ensure proper protection, not just opt for the lowest premium. We are more than happy to dive into the details for your landlord insurance needs and coverages.
Coverage
Typically the landlord insurance helps cover followings:
-
The Dwelling Structure (e.g., RCV or ACV)
-
The Other Structure of Rental Property (e.g., swimming pool, detached garage)
-
Premises Liability (protect you from bodily injury or property damage arising from the use of your rental property.)
-
Medical Payment (not to you or anyone who is a regular resident on the property)
Deductible is also included with the landlord insurance. You should always make sure your deductible is NOT so high that you’d struggle to cover the repair costs before your insurance kicks in.