Are you ready for Landlords Insurance?
Landlord insurance, it’s inspiration!
Landlord Insurance, never sleeps!
Landlord’s Insurance (STUDENT RENTAL PROPERTY, ROOMING HOUSE, RENTED CONDOMINIUM, RENTED TRAILERS OR MOBILE HOMES, APARTMENT BUILDING, RESIDENTIAL RENTAL PROPERTY) is an insurance policy that protects landlords against loss or damage to their rental property. The cover usually includes protection against the same perils as most home insurance does, including cover for buildings and the landlord’s contents (if any) from standard perils such as fire, lightning, explosion, earthquake, storm, flood (Personal Lines policies do not cover for flood), escape of water/oil, subsidence, and theft.
But, unlike normal household insurance, Landlord’s Insurance can also protect landlords against:
- loss of earnings and rehousing costs should an insured event occur and the tenants have to move out
- A tenant damaging the property
- Non- payment of the rent
- Your liability if an accident happens in your property and a tenant or employee is injured
Cover for multiple properties
Landlord’s Insurance can also cover multiple rental properties all in one portfopo policy, these policies usually have one renewal date and allow landlords to add or remove properties as required.
If you know anyone that may also benefit from receiving a copy of these guides, please have them contact our office 416-667-9177 or email at moc.esnifnac@etatse and we would be more than pleased to forward them one.
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Toronto, Ontario, Canada