This insurance is designed for property owners who rent properties, whether a single house, apartment, or multiple residential units. It covers both the structure of the property and the risks associated with renting.
What does it cover?
- Structural damage to the rental property due to fires, storms, vandalism, or accidents.
- Loss of rental income if the property becomes uninhabitable after a covered incident.
- Liability for damage or injury suffered by tenants on the property.
Why is it important?
If you are a property owner renting a property, you need specific coverage that protects both you and your tenants, as well as the structure of the property.
