Insurance For Rental Property
The 8 Best Landlord Insurance - insurance for rental property Protect your assets and your income If you own rental property, you have unique business risks and assets that aren�t covered by a homeowner�s insurance policy. And you stand to risk losing your livelihood if you lose your rental income while your building undergoes repairs after an unexpected loss from a fire, flood, earthquake or another type of natural disaster. Most landlord insurance policies offer some form of the following types of coverage: dwelling coverage, water/flood coverage, personal property (contents), acts of nature, as well as fair rental income coverage. Other policy add-on options are available with some insurance companies for an additional premium. The coverage is provided for multiple types of rental units, including single-family, duplex, triplex, quad and larger properties. Choosing a landlord insurance policy can give you added security in knowing your rental income is safe. Here are a few of the to...