Safeguard Your Profits With Expert Landlord Insurance Tips

Key Coverage Options

When selecting landlord insurance, it's crucial to understand the various coverage options available. Basic policies typically include property damage coverage, which protects your building and any personal property used to service the rental. Liability coverage is another essential component, shielding you from legal and medical expenses if someone is injured on your property. Additionally, loss of rental income coverage compensates you for lost income if your property becomes uninhabitable due to a covered peril.