Landlord Insurance
Landlord Insurance Quotes
Save money on landlord insurance by accessing more insurance companies
That’s exactly what Insuremart offers, along with professional agents who manage the process. That mix is the the reason thousands of people call on Insuremart for their insurance.
You will work with one of our in-house licensed agents who understands insurance and the risks associated with being a landlord. They will offer options based on your risks, including any add-ons to consider, and then answer any questions before obtaining quotes on your behalf.
We encourage you to try our company. One of our agents will be happy to help.
Insuremart has direct access to
over
100
insurance carriers
Nobody can sell for less, and we work for you.
Treat yourself better by spending less money and time buying landlord insurance.
What coverage is included in a landlord insurance policy?
Policies can vary, but most will include the following:
- Property Damage: Covers the main structure of your rental properly from damage or loss due to fire, wind, hail, vandalism, and theft.
- Other Structures: Covers garages, sheds, and fences.
- Liability: Protects you if someone is injured on your property – medical expenses, legal fees, and any judgments or settlements are included.
- Loss of Rental Income: Get reimbursed for lost rental income if your property is damaged by a covered peril and is uninhabitable.
How much is landlord insurance?
Location and value are variables that make it difficult to estimate, but you can estimate 15%-25% higher than local owner-occupied homeowner’s insurance rates.
Good to know: Insuremart works with over 100 insurance carriers. Nothing gives you an advantage when buying Landlord insurance — or any insurance — like a great agent and more options. Talk to our agents.
Important coverage information
Actual Cash Value vs. Replacement Cost Value – Make sure to check whether your property damage coverage is for Actual Cash Value (ACV) or Replacement Cost Value (RCV). ACV will consider the age and condition of the property and will not include coverage for labor costs. RCV will include the cost to replace or rebuild using similar materials, current code, and labor.
RCV costs more but imagine the relief if a total loss or major damage claim needs to be filed.
Add-ons to consider
Our agents will offer add-ons that can provide more value than the cost would indicate. Also consider raising limits when possible. You will seldom hear someone complain about too much coverage.
- Flood Insurance: This may not be included in a standard policy.
- Earthquake Insurance: A worthy add-on for those in or near earthquake zones.
- Vandalism and Malicious Mischief: If your property is in a higher crime area, this can extend or add coverage that may not be included in your base policy. Don’t hesitate to increase coverage. If you’re unsure, talk with our agents.
- Equipment Breakdown: Covers repair or replacement of HVAC, plumbing, and electrical equipment and systems.
Get a Landlord insurance quote from Insuremart right now. Our agents are ready to help.