Congratulations! You've just bought an investment property. One of your first things to do would be to protect your investment by securing landlord insurance. Why? Landlord insurance can help prevent or lessen your losses when problems arise.
Landlord insurance provides protection on your investment property. Having household insurance is usually not enough protection (because it doesn’t always cover the building while it’s occupied by a tenant. Landlord insurance offers the following options.
Home Insurance: This covers damage to the house, pool and garage due to the following:
Contents Insurance: This covers damage/loss of contents of the house, such as the following:
Landlord insurance can also provide other types of protection against mishap that that you may not be aware of:
If you have not yet insured your rental property, or if you are about to purchase a new one, then learn more about landlord insurance policies and how they can help you.