Recommended Partner: Insurance Designed for Landlords

Consider working with our partner, Steadily, for your Landlord insurance. They specifically work with real estate investors and can shop your policy for the best deal. They also automatically put all the safeguards you need to protect your investment. Here are some things they can help with:

• Fire: Modern safety codes have greatly reduced fire occurrences. However, when fires do occur, they often result in total destruction of the property.
• Water Damage: Broken pipes and appliance leaks are prevalent and often result in the most expensive damage to rental properties.
• Windstorms, Hail, & Lightning: There has been an increase in roof damage from storms due to the rising intensity and frequency of these events over the past two decades.
• Lawsuits: Liability protection covers the cost of defending and settling claims for injuries tenants and guests may sustain on your property.
• Vandalism & Theft: Known as malicious mischief coverage, this covers the cost of repairing damages such as broken glass, graffiti, and replacing stolen or damaged property like communal washing machines.
• Riot and Civil Commotion: In the event of violent protests, riot coverage can pay for property damage caused by looters and protesters.
• Personal Injury: Injury protection helps cover the cost of medical bills if a tenant or visitor is injured on the property.
• Bonus Coverages: Additional coverage options include protection against various other perils such as riots or civil commotion, explosions, volcanic eruptions, and vehicle-caused damage.

[affiliatable id=’190917′]

*Full disclosure, Ready Realty may be compensated if you choose to purchase insurance through Steadily.