A Guide on Protecting Your Rental from Potential Damages – Insurance Tips for Owners
Posted by OLR Media on
You’ve invested a lot of money in your rental property, and you continue investing in its condition so you can attract the best tenants and earn the highest rents.
Protecting your property from potential damages is best done through regular inspections, preventative maintenance, and great tenant selection.
You also need insurance.
Here’s how the right insurance policies protect you and your property from damage that can be caused by your tenant or unforeseen events.
Owners Need a Strong Landlord Policy
Protection starts with the right insurance policy. A homeowner’s insurance policy will not cover you when you’re renting out a home. Instead, you need coverage that’s specific to income-producing properties like your rental.
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