Maximize Rental Property Protection With Affordable Insurance Secrets

Key Features of Rental Property Insurance

Rental property insurance typically includes several essential components. First, property damage coverage protects against physical damage to the structure of the building caused by events like fires, storms, and vandalism. Liability coverage is another critical feature, shielding landlords from legal claims if someone is injured on the property. Additionally, loss of rental income coverage compensates for lost rent if the property becomes uninhabitable due to a covered peril.