Landlord and Lessor Liability

From maintaining the property to managing tenants, landlords are exposed to potential lawsuits on a daily basis.

And if you’re ever found liable for someone who is injured on your property, or if you are required to pay for damage done to someone else’s property, it can end up costing you heavily.

Landlord liability coverage can help protect you for many of those risks.

A rental property is an important asset that can supply you with a valuable source of income. As the owner of an apartment, home, condo, or other property, you’ll want to be prepared in the event that your investment is damaged. With a Landlords Insurance policy from Insurance121 Insurance Solutions, you’ll receive a complete degree of protection to keep yourself and your rental property insured.

The proper Landlord policy can provide options from Personal Property and Liability to Medical Payments to Others and Dwelling to accommodate the special risks that you as a property owner may face. Landlords Insurance can also cover:

• Damage to your property or other attached structures from a fire, natural disaster, or other peril, including damage caused by tenants
• Expenses you may be legally obligated to pay for the property damage or medical payments in the event of injury
• Legal counsel and fees in the event of a related lawsuit
• Additional expenses to make up for lost income if your property needs repaired through loss of use

Because of the variety of options available, an insurance specialist at Insurance121 Insurance Solutions is available to make sure you have the right amount of coverage for your rental property at a price that meets your budget. With the benefits of a Landlords Insurance policy, you can rent to tenants with the confidence of knowing your investment is secure.

Landlord liability coverage kicks in to help pay medical expenses for injured tenants, or legal defense and court judgments made against you for other damages, up to the limits stated in your policy. Coverage may include:

• Tenant injuries 
• Proper security for your tenants 
• Unlawful behavior by tenants 
• General Liability 
• Fair Rental Value Coverage 
• Inflation Protection 
• Personal Injury Protection 
• Lock replacement 

You may qualify for a discount on Landlord Insurance policies, including:

• Multiple policies
• New/renovated homes
• And more