A Quick Guide To Landlord Insurance

This is the most detailed guide I have written on this subject. If you are the renter please read below so you can find out if your landlord has your property covered.

“THEY DON’T” “THEY DO NOT” “YOUR PROPERTY IS NOT COVERED” “NOTHING YOU OWN IS COVERED BY YOUR LANDLORD” “THEY DO NOT HAVE TO PROVIDE YOUR SOMEWHERE ELSE TO STAY” “THEY DON”T HAVE TO GIVE YOU ANY REIMBURSEMENT” “YOUR LANDLORD IS NOT COVERING YOUR FOR SQUAT”

Now that i have that out of the way. as landlords you want to insure your property for 3 real things, everything else is incidental.

1. The value of the dwelling, enough on that matter.
2. The rent you expect to get on the 1st, well maybe yours comes in a few day late sometimes but you want to insure that if a covered peril happens you can remind compensated as if the tenant is still there.
3. Liability, this is a sore subject and want that comes with hundreds of more post and blog conversations. Check with your financial and legal team see what is suggested. Most homeowner policies will cover you from 100K to 1 million.