Rental properties are a great investment, especially if you protect your assets with excellent coverage. When choosing a landlord protection insurance policy, make certain that you AND your property are covered. There are quite a bit of things to think about when owning multiple properties, let alone the responsibility of any repairs and upkeep. We can make certain you are insured correctly if you own a single-family rental or multiple units. We partner with multiple companies that specialize in insuring rental properties and are also very competitive with their premium and rates. Snyder Insurance Agency would love the opportunity to show you what is available to protect one of your largest investments!
As a landlord, you want insurance that’s tailored specifically to protect your rental properties policy and gives you choices when purchasing the coverage you need. It is also very important that you require your tenants to carry their own renter's insurance to protect their personal contents. As the landlord, you cannot insure the tenant's personal items. You would also want them carry their own insurance policy to add an extra layer of liability for something they might do while living in your building. Being an independent insurance agency, we have the ability to look at multiple companies and compare which would suit you best!
Many landlords supplement their coverage with personal umbrella liability insurance for broader protection. This would give you a higher liability limit above your rental property to protect against a large lawsuit brought against you. The more property you own, the more liabilities you have; an umbrella policy is always a great best practice to give you the extra layer of protection.
Contact us today about the amount of coverage that’s right for you!
To find out more about this product and other products and services, Snyder Insurance Agency today at (610) 861-0422.