Having Landlord Insurance that protects your investment is good business. In the case of renting out your investment property it’s a no-brainer.
Especially if your not living at the property you’ll want to know that you have coverage should something happen this is why Landlord insurance is so important.
What is covered with Landlord Insurance?
- Property damage – To your residential rental property; tenement, single-family or duplex in the case of fire, theft, vandalism or tenant damage.
- Sheds, garages or other structures that are located on your property
- Various items on the premise- washer and dryers, stoves, microwaves being used by your tenants.
- Liability Insurance – This covers you if someone is injured on your rental property, such as a tenant, visitor or whatever. Liability Insurance will help you with costs relating to bodily injury.
There’s more insurance issues specific to investment property that you may want to review.
For more information contact an agent at Cantiani Insurance Agency at 318 Plantation Street, Worcester, MA 01604. Phone: 508-791-2088 we’ll be glad to help! Or fill out the contact form below.