If you rent out your property, you need a specialized insurance policy, tailored just for landlords.
Landlord insurance will protect damage to your property, other structures located on your property such as garages or sheds, and your personal property if your rental is furnished. There are numerous policies available to landlords that can protect them from any unforeseeable event. For example, fair rental income coverage can protect you from the income you lose in the case that your rental property becomes unlivable. Another form of coverage that may interest you as a landlord is inflation protection. This will adjust your policy to make room for changes in inflation.
Additionally, landlords need to consider their increased risk for liability. The liability protection that comes with a landlord insurance policy will protect you against any legal action taken against you by providing compensation for any legal fees or damages.
If you have any questions about a landlord insurance policy, please call us. As an independent insurance agency serving Arizona for over 20 years, we put our customers first! We make it our mission to find you the best coverage, and the most affordable price. Contact our knowledgeable insurance professionals today for any and all of your insurance needs!