Landlord Insurance

JLA Partners Insurance

What Is Landlord Insurance?

​Landlord insurance is a type of coverage that protects landlords from financial losses connected with their rental properties. This can include protection for any contents owned by the renter, so long as they are located on site at your property – even if those items aren’t covered under standard building or content policies!

The right kind of landlord insurance can protect you from financial disaster, but it’s important to be aware that there are different types. For example buy-to let coverage is actually quite simple and straightforward – this type covers one property with a mortgage purchased specifically for rental purposes; multi properties will need more than just basic protection if they’re being managed through multiple buildings or land holdings!

What Is Flood Insurance?

Flood insurance is a type of coverage that offers homeowners protection against property loss caused by flooding. Risk factors for each insured asset are often denoted on topographical maps which show floodways, plains and lowlands at risk for becoming flooded due to rising waters from natural disasters like hurricanes or tornadoes as well as man-made ones such as damming rivers etc.

What Does Landlord Insurance Usually Cover?

Every insurance policy is unique and should be tailored to cover the individual needs of each property owner. In general, however, landlord insurance may cover against damage from standard perils such as:

  • Fire
  • Lightning
  • Explosion
  • Earthquake
  • Storm
  • Flood
  • Escape of water/oil
  • Subsidence
  • Theft
  • Malicious Damage

Your policy may or may not include some or all of these items. Some policies may optionally cover additional situations such as accidental damage, malicious damage by a tenant, terrorist attack, legal protection, alternative accommodation costs, insurance for property owner content, rent guarantee insurance, and liability insurance.

Most landlord insurance does not cover the personal property of the renter or tenant. It is designed to protect the interest of the landlord, not the tenants. However, some liability policies may be of benefit to the tenants should they incur loss for which the landlord is responsible.

At JLA Insurance Partners, our goal is to provide you with the right landlord insurance policy to protect your property and offer you peace of mind! Contact us today find the policy that works for you.

Contact JLA Partners for a free quote today!

Landlord Insurance