As a rental property owner, you want insurance that’s tailored specifically to protect your rental properties. A Landlord Protection policy, also known as rental property insurance gives you choices when purchasing the insurance coverage you need.
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. Rental property insurance would not be complete without the liability coverage.
If your rental property becomes uninhabitable due to a covered loss you will need this coverage to guarantee that your income continues while the property is being repaired. The coverage usually continues for a defined period of time. It does not always automatically come with rental property insurance so make sure you check your policy.