Finding The Right Landlord Insurance Coverage
Rental properties have different insurance needs compared to your primary residence. At the Scheibe Agency, we can help you find the right coverage to protect your Colorado rental properties. While you have to consider protection for your own rental properties, it’s wise to consider protection for your tenants too. If so, this can help them protect their personal property in your unit. Don’t worry though, we’ll explain all the options you have and help you compare multiple quotes to find a landlord policy that fits your needs and budget.
Protecting Rental Properties
Some landlord policies are designed to protect rental properties that contain one to four units, including apartments, condominiums, townhouses and single or multi-family homes that you own or rent to others. The right coverage can help you protect your rental property, structures, and your personal property in a unit, such as appliances or furniture.
Protection From Losses
One of the most common issues landlords face is liability for the losses that occur to their rental properties. If you’re not insured, the expenses can add up quickly. When purchased, liability insurance coverage can help protect you from property damage and bodily injury that results from using your rental properties.
Loss Of Use
Loss of use insurance coverage can help you protect your income, it provides coverage for the fair rental value of a property that is not fit to live in as that property is being repaired. Special conditions will apply.
Did you know that liability coverage can also protect you if someone is injured due to a condition caused by your rental property? While this coverage doesn’t cover residents, this coverage is invaluable should something happen to guest and visitors. Limits usually begin around $1,000 but you can increase this if needed.
Shop And Compare Landlord Insurance Rates
You’re only one phone call away from getting the right coverage at a great rate. Ready to start comparing landlord insurance rates? Give us a call today at 1-303-623-1997 to get started.
Make Sure Your Rental Property Is Covered
Get In Touch
Do you have a question about getting a landlord insurance policy or need to get a free quote? You can reach our office by calling 1-303-623-1997 or you can use our web form below.