Real estate investments can be lucrative. However, like all business ventures, rental investments need to be properly insured.
As a landlord, you face a number of unique liability risks. In order to protect yourself against lawsuits, you need a landlord liability policy. This coverage can protect you against serious loss in the event of:
Additionally, if you hire contractors or maintain staff to work on your rental property, you may wish to consider surety bonds and workers compensation coverage. Insurance requirements and product availability vary by state.
Although your tenants should carry renters insurance to protect against damage to your property by them or their guests, you also need to have rental property insurance on your buildings. These coverages may include:
Let Brent Harris Insurance find you the right coverage at the right price.