When it comes to renting out your property, protect yourself with landlord insurance in Astoria.
You’ve made the decision to rent out your property. While you welcome the added income, a landlord has a multitude of responsibilities. Protect yourself, your property, and your tenants with landlord insurance in Astoria. It gives you the coverage that you need for your property and liability. Learn how landlord insurance gives you the protection that you need.
A landlord policy helps to give you coverage damages sustained to a structure. If the structure on the property is damaged by a covered peril, your policy will kick in to help repair the building. Additionally, it should help to to protect other structures on the property as well as personal property that you’ve used to keep up on maintenance at the rental property. That way you know that all your property is secure with landlord insurance.
Owning a rental property comes with its fair share of responsibility. If anyone gets hurt on your property, you could be held liable. A landlord policy helps to give you the coverage that you need so that you’re covered for any legal fees or medical bills related to an accident on your property. That way you have a safeguard against costly legal fees.
While landlord insurance generally gives you property and liability coverage, you can add on to your policy with supplemental coverage. Consider adding on coverage for building code upgrades or vandalism and burglaries. Talk to your agent about what types of extra coverage are available. That way you can rest easy knowing that you’re covered.
Take responsibility into your own hands and insure your rental property with landlord insurance in Astoria. Contact the professionals at 01 Insurance to find the best personal and commercial insurance in New York.