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Renting out a property, or being a landlord, is a sound investment strategy for many property owners. Part of that strategy is protecting that investment with a Landlord Property Insurance policy.
The landlord insurance experts at Assurance Total Protection, a Nationwide and Progressive local agency, know how to protect your investment whether it be buildings, fences, sheds, or other parts of the property or the liability you have in cases of accidents or injuries on the property. Make sure your rental property has the appropriate coverage and minimize your risk exposure.
Combined with a renters insurance policy, both the landlord and the renter are protected from damages associated with a covered event, accident, or injury.
Is Landlord Insurance Required?
Though not required by law, Landlord Insurance provides a layer of protection for you, the property owner. After a fire or severe storm or some other destructive event, your Landlord Insurance will help you pay for restorative repairs.
While rental fees cover regular maintenance, they will not be adequate to pay for major damage repairs.
Let the Landlord Insurance professionals at Assurance Total Protection develop a policy package that fits your budget and protects the investment you have in your rental properties. Contact us today for more information.