Protection for your clients investment.
Rental property insurance from our brokerage to your agency.
Rental property insurance is specially designed to cover the risks faced when your client rents the property to others.
The policy every property owner needs when renting.
Rental property insurance is a specialty home insurance policy for the property owner rather than the tenant. It’s similar to a homeowners policy but is designed to account for the differing risks faced by the client when a property is rented.
What does rental property insurance cover?
In addition to the damage to the building itself and personal property (such as included furniture), a rental property policy often covers lost income if property damaged means your client can’t rent it out for a period.
What’s not covered by a rental property policy.
One point to watch is the fact that policies usually don’t cover loss of income if a tenant fails to make rent payments or the costs of evicting a tenant if necessary.
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