BUSINESS

Five Questions to Ask About Landlord Insurance Are you covered for all risks or just certain “named perils”?

For instance, are things like vandalism covered?
What restrictions and exclusions are there?

Is water harm inclusion included or accessible?
Will claims be settled based on actual cash value or replacement cost?

Can alarm systems get you insurance discounts, a higher deductible, or other protections?

The amount of money you get as rent is protected by rental income. The renters may have additional living expenses if the rental property becomes inhabitable as a result of a disaster claim.

They will be covered by the renter’s insurance, but they won’t be paying your rent for a unit they can’t use. Rental pay inclusion can deal with you and the worth of the lost “rents”.

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