Rental Property Insurance
If you own a rental property then you will need the right insurance to protect your investment as a landlord. A rental property can bring in a steady source of income so you’ll want to protect such an investment with the right insurance. If you are a landlord of a rental property, your insurance needs are different than those of a regular home insurance policy. Your home insurance policy will not protect your home as a rental policy.
Rental Property Insurance can provide coverage for risks such as:
Damage to the property and attached structures like a deck
Legal counsel and fees
Up to 12 months of lost rental income
Extra coverage is available for buildings separate from the rental property like a shed or garage