Do Rental Property Owners Need Insurance?

Anyone who is renting his or her property to a third party should invest in landlord insurance. This type of insurance differs from renters insurance in that it covers the structure of the home only, not the tenant’s belongings. Exact coverage varies from agency to agency; however, a landlord can get insurance that will cover natural disasters, vandalism, fire and other issues.

Liability homeowners insurance is also good to have. In some instances, a person who has an accident on the property can sue the landlord even if the landlord does not live in the home. Liability insurance coverage protects a landlord from the devastating effects of such a lawsuit.

Nevada homeowners will find that All Nevada Insurance offers various coverage options at a very good price. Any landlord who wants to protect his or her valuable property investment should be sure to call the company for detailed policy options, affordable prices and proper homeowner coverage.