Landlord insurance provides financial protection if your rental property is damaged, becomes unlivable after a catastrophic event such as a fire or a storm, or if someone is hurt on the property. It doesn’t cover a tenant’s belongings. They need to purchase renter’s insurance.
This type of insurance typically includes two different types of coverage: property and liability protection.
The property protection in a landlord insurance policy typically helps cover physical property related to the home you’re renting out.
The liability portion of a landlord insurance policy may help you pay for another person’s medical bills or your legal expenses if someone else is injured on your rental property and you’re found responsible
Hometown Insurance Center will help you determine the type of coverage you need to protect your asset. Start a conversation by filling out the quote form on this page.