Property & Landlord Insurance Policy

If you are a landlord, property owner, or thinking about becoming either, you will want to get property coverage in place. By having property or landlord insurance, you are protected from possible losses to the physical structure as well as possible liability claims that may arise out of your management of the property or properties you own.

A property insurance policy covers the obvious—the building(s) you own along with items inside the facility. This can include equipment, furniture, computers, inventory, supplies, fixtures, and more. Property insurance may extend to certain assets outside your building, too, like your company sign, landscaping, fences, or external structures. Because all of these assets are a part of your property and can impact your ability to conduct business regularly, they could be covered under the policy.

In addition, your policy will likely include coverage for less-obvious assets. This could include accounts receivables, valuable papers, records that might need reproduction after a loss, and even lost income for when your operations might be suspended due to a covered loss.