Landlord Insurance

At Laguna Pacific Insurance, we understand that being a landlord can be risky. There is always a possibility that your tenants might vacate the premises without giving notice, fail to pay rent, or damage your property. That is why we have created a comprehensive Landlord Insurance policy to protect your finances and property. We provide you with coverage if the property you are renting out gets damaged by natural causes or by a tenant. On top of that, we provide Loss of Income insurance if you can’t rent your property due to damages. Liability insurance is also included in this policy, which means you are covered from all angles.

Exclusions

• Tenant’s belongings
• Appliance repairs
• A missed monthly rent payment

What Does Landlord Insurance Cover?

Landlord insurance covers any damage to property caused by fire, vandalism, natural disasters, or criminal activity. This includes your sheds and gardening equipment, such as lawnmowers. Landlord Insurance also includes Liability Cover, which means that settlements, legal fees, and medical bills will be covered if someone gets injured on your property. For example, suppose the property you are renting out gets damaged to such an extent that you cannot allow someone to rent it. In that case, our Landlord Insurance cover will compensate you for the funds lost during the time it takes to restore the property to a livable condition.