Service and advice on Property Investments.
Landlords Require Insurance to Deal with Various Risks
Landlord insurance policies vary widely, from simple "named peril" policies to comprehensive or "all-risk" insurance policies. Whether coverage is restricted to specified risks or includes every risk not specifically excluded in the policy, landlord insurance applies to storm damage to the building and any of the landlord's fixtures and appliances inside the units. Premiums depend on quite a few factors, from the building's construction to its tenants, and optional coverage makes premiums increase but offers necessary protection.