Landlord’s face special risks that require special insurance protection. A few examples of losses or exposures that are covered in a Landlord Package Insurance Policy include: Loss of rent resulting from an insured loss; Buildings with one or several units; Varied residential or commercial occupancies; Legal liability resulting from the activities of tenants; and uninsured or under-insured repairmen.
Even though Landlord Package Insurance is primarily designed to protect you from loss to rental property it can, and should provide adequate insurance limits to protect your other assets from legal liability arising from rental activities.
Renting residences to others is a business activity, many insurance companies will treat the rental of 4 or fewer units as a personal insurance matter.
Let’s talk Landlord coverage’s and options today! We offer Great Attitude, Great Service and Great Rates!
A Choice Above / Karri Willis Agency Inc
- Arab, Alabama 256-586-2442
- Cullman, Alabama 256-747-5432