Apartment Owners Insurance
Apartment Owners Insurance Information
Landlords face many risks, including damage to their property due to severe weather, vandalism, fires, and other liabilities. These exposures can end up causing financial harm to landlords. Having landlord insurance in place can help provide safeguards against these and other causes of loss.
The agents at Brick Insurance Agency in Concord, CA, are ready to help you get the insurance policy you need to protect against some of the most common property issues landlords face. Call us today at 925-687-6262 to learn more.
Do I Need Landlord Insurance?
Even if you have a homeowners policy, landlord insurance may be necessary to provide coverage if tenants live on your property. Your agent can help you understand the differences between homeowners insurance and landlord insurance and ensure you have the coverage you need for your unique situation.
What Does Landlord Insurance Cover?
Landlord insurance provides several important coverages, including:
Property insurance—This policy may provide coverage if the home or other structures such as a garage or fences are damaged.
Liability insurance—If you are legally responsible for tenants’ injuries on your property or liability insurance may help cover legal and medical costs that result from the incident.
Personal property for maintenance coverage—This policy helps protect your personal property like lawn care equipment or a snow blower that you leave at your rental property.
Your agent may also recommend additional coverage:
How Much Does Landlord Insurance Cost?
Several factors may affect how much you’ll pay for landlord insurance, including your property’s age, value, and location. Your claims history and the amount of coverage you choose may also affect your landlord insurance premiums.
Get the Landlord Insurance You Need Today
The agents at Brick Insurance Agency can help you choose coverage to help protect your property. We’ll walk you through your options regarding limits, deductibles, coverages and exclusions. Contact us today to get started building your ideal landlord insurance policy.