Landlord insurance isn’t a luxury anymore; it is a necessity. 不仅仅是因为它 protects your 租赁单位 from damage 或滥用. 租金收入并不总是有保证的, especially during extreme weather events when occupancy rates may be at all-time lows. Landlord insurance might cover the loss of rental income during these months.
In worse-case scenarios, landlord insurance can also protect you from lawsuits filed by the tenant. Landlord insurance is very similar to homeowners insurance with the exception that the coverages are tailored to protect landlords from 财产损失, liability, and loss of rental income.
What Losses Are Covered Under Landlord Insurance?
Standard landlord policies provide coverage of three types of losses. 物业管理合作伙伴 和我们一起分担这些损失吗.
租赁单位的保障
This type of coverage extends to the damage done to the home due to natural disasters and extreme weather such as hail, 龙卷风, 雪, 飓风, 和火. It may also apply to appliances owned by the landlord to maintain the property, 比如割草机和电动工具, or items provided for tenant usage such as furniture.
个人责任保障
Liability protection protects landlords from any medical expenses and legal fees for injuries to the tenant, 他们的客人, 承包商, 或者出租单位的杂工. 例如, a tenant may slip in the backyard and break their limb, then sue the landlord for failing to maintain the 租赁单位.
Your insurer may reach for a settlement with the tenant and pay any costs, while you only have to cover the deductible.
租金收入损失
If the 租赁单位 becomes uninhabitable due to external factors outside of the landlord’s control, 比如洪水或飓风, they may be reimbursed for the loss of rental income than they would otherwise have received.
其他形式的保险
Comprehensive landlord insurance may also include other provisions that will come in handy.
保证租金收入保险: This will cover the landlord if the tenant fails to pay the rent for one month (or doesn’t pay for several months). The exact details depend on the insurance policy.
洪水保险: Standard landlord insurance policies may not cover flood damage, so adding this coverage is worth the extra premium if your local area is prone to extreme weather events.
应急报道: In the event that a tenant asks for a 大修, such as leaking water or electrical issues, this coverage may cover the costs you incur when resolving the problem.
建设费用: These expenses will be used to repair the 租赁单位 if it was damaged by weather events.
盗窃: This coverage reimburses the landlord for replacing stolen items that were meant for use at the 租赁单位, such as kitchen appliances and power tools.
暖通空调保险: This covers the cost of payments made to tenants or vendors for 修理暖通空调系统.
地震保险: Most states are considered at risk of earthquakes and standard landlord insurance policies do not always cover the damage done by earthquakes. Check in with your property manager if earthquakes are a concern in your region to see if earthquake coverage is worth adding to your policy.
What is the Cost of Landlord Insurance?
Standard landlord insurance policies cost 15% more than homeowners insurance because 租赁单位s are prone to more damage. There are several factors that will affect the landlord insurance including:
- 房屋类型和年龄
- Natural disasters that occur in the area
- 租赁期限
- Categories of landlord insurance (DP-1, DP-2, DP-3)
Insurance companies will seek to reduce their risk when selling policies. This means that any number of factors could result in higher monthly premiums.
专业技巧: When buying a policy, make sure to ask your homeowners insurance about bundle options. They may also provide landlord insurance and give you a discount.
It is recommended to take a look at your homeowners' insurance policy before setting the rental price of your property. 欲了解更多信息，请 保持联系 今天和我们在一起.
图片来源: http://pixabay.com/photos/real-estate-homeownership-homebuying-6688945/
