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Landlord Insurance

Owning rental properties is a great way to earn passive income. However, it is also a good way to lose money and be liable for damages to property, injury to renters, and loss of income if you do not have the right insurance.

What is Landlord Insurance?

Landlord insurance is an insurance policy that specifically protects landlords from loss of income due to damage of property and lawsuits due to injury to a person.

Having this type of insurance can protect your personal and professional integrity, not just your finances.

Your Landlord Insurance policy does not have to break the bank. Betters Insurance is an independent agency that will help you create a policy that suits your specific needs.

What does Landlord Insurance cover?

Landlord Insurance covers the area that your Home Owner’s Insurance does not when you rent out your residential property.

If there is a natural disaster such as a flood, earthquake or wildfire and your physical property is damaged then your policy will cover the damages.

If your property is damaged by tenants or the exterior is vandalized then your policy will cover the damages.

If a tenant or guest is injured on the rented property due to mechanical failure of equipment then, the landlord is liable for the medical expenses that may be incurred. This insurance policy will cover these expenses.

Why should I choose Betters Agency?

Betters Agency is an independent agency. We are able to go through your policies with you and help you select packages that maximize on your benefits while minimizing your expenses.

We can offer you customizable packages such as combined Home Owner’s Insurance with your Landlords Insurance to ensure that you have full coverage.

We can also offer you value-added packages to add to your policy such as maintenance coverage.

Contact us now so we can help you be better prepared.

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