Renting out your investment property as a landlord can be a profitable endeavor- but it’s essential that you protect your asset with the right type of insurance. There are many different names that insurance companies give to a landlord package policy- Dwelling Fire Insurance, Rental Dwelling Policy, Rental Home Insurance, etc. Whatever you’d like to call it, every investment property brings its own unique set of circumstances and having the right policy is essential.
Insurance policies vary significantly from company to company depending upon the product they offer. Make sure you receive multiple quotes with different coverage options so you can make an informed, educated business decision before choosing which company is going to insure your valuable investment. Whether you own a large apartment building, an apartment complex, a multi-family dwelling, or a single family house, let our experts search the insurance market for you to find the most competitive rates with the most comprehensive coverage’s.
Purchasing landlord insurance for your rental property Having one or more rental properties is a great way to make a great income at the end of the month. However, you do need to have Landlord Insurance for them to protect yourself from various types of risks. If you plan on buying property and then renting it for a profit, then you should certainly think about getting landlord insurance. READ MORE>>>
3 things you should know about rental property insurance as a landlord. In New York City and Manhattan, insuring your income producing property is not rocket science. Make sure you check the entire insurance market for the best rate from the highest rated carrier and ask questions regarding flood insurance, liability coverage’s, and business personal property limits to make sure you know what you are getting from the insurance company. READ MORE>>