Landlord insurance is available now! Policies cover loss of rent, Intentional Damage, theft, contents and legal liability.
Investment in residential property brings it’s own risk, as you are relying on a third party to cover mortgage payments or investment money. Having a comprehensive landlord insurance policy that covers the loss of income from a variety of incidents (that may not always be the fault of the tenant), ensures that your asset continues to provide a good income stream.
As an owner of residential investment properties, landlord insurance is a key “risk management” tactic, but it is not fool proof. You cannot eliminate risk, however your goals as a property owner are to:
- Have your property managed
- Minimize your exposure to risk and potential losses
One of the key elements to the Landlord Preferred Policy is the Loss of Rent cover – Can you afford to not have your rental income insured?
Policies are available now through your Property Manager
One of the key elements to the Landlord Preferred Policy is the Loss of Rent cover.
More than 97% of claims have been for loss of rent suffered by Landlords. Your building insurance may not cover the entire loss caused by intentional damage by the tenant.