For Your Investment Property Needs

Protect Your Rental Property Against Today’s and Tomorrow’s Uncertainties wf

Renting out properties can be a lucrative source of income, but it comes with several risks and liabilities. For example, if your property is damaged or destroyed by fire, you (the property owner) must cover the resulting losses, including repair and replacement. If your property becomes uninhabitable due to the loss, it won’t bring any income from the residing tenant, further affecting your bottom line.

Having adequate investment property insurance is the only way to stay protected against certain mishaps.

• Property Damage - Covers repair or replacement cost to your property that is damaged by a covered peril, such as fire, theft, vandalism, storm, etc.
• General Liability- Protects your property against third-party bodily injury and property damage. Resulting legal expenses that occur as a result of a covered liability claim are included.
• Loss of Income - Reimburses a portion of your lost income (rents) up to the policy limit if your rental property is not in a livable condition due to a covered property loss.