Short Term Rental & Investment Property Insurance

Personalized Coverage for Your Complete Investment Property Portfolio

Investment Property Insurance is a policy that provides property and
liability coverage to those who own a rental home. This type of insurance
requires both a personal and business mindset as it is you and the
investment that need protection.

Investment Property Insurance is a policy that provides property and liability coverage to those who own a rental home. This type of insurance requires both a personal and business mindset as it is you and the investment that need protection.

Common Types of Investment Properties

Whether your rental is a single-family home or a multi-plex unit, you may fit into one of these Investment types.

Building an Insurance Policy for Your Investment Property

No two properties are the same. They present unique characteristics
and each case should be evaluated by a trustworthy expert. However,
there are some basics to building your Investment Property policy.

Building an Insurance Policy for Your Investment Property

No two properties are the same. They present unique characteristics and each case should be evaluated by a trustworthy expert. However, there are some basics to building your Investment Property policy.

 

Property Coverage

Addresses the risk of damage or loss to the rental
property itself. This could include the dwelling
(actual home), detached structures (a fence), or
personal equipment you leave on the property to
maintain your investment (a lawn mower).

 

Property Coverage

Addresses the risk of damage or loss to the rental property itself. This could include the dwelling (actual home), detached structures (a fence), or personal equipment you leave on the property to maintain your investment (a lawn mower).

 
 

Liability Coverage

Addresses the risk of causing injury to
others. This could include medical and/or
legal expenses if someone gets hurt on your
property and you are found liable.

 

Liability Coverage

Addresses the risk of causing injury to others. This could include medical and/or legal expenses if someone gets hurt on your property and you are found liable.

 
 

Income-Loss Coverage

Addresses the risk of losing rental income.
This could include vacancy in case your
property is being renovated or fixed, and is
unable to house tenants.


 

Income-Loss Coverage

Addresses the risk of losing rental income. This could include vacancy in case your property is being renovated or fixed, and is unable to house tenants.

 
 

Endorsements

Depending on property location, condition, and
many other factors, you may need endorsements, or
extra coverage. This could include protection in case
of theft, construction, liquor liability, and MANY
others to make your policy truly fit your needs.

 

Endorsements

Depending on property location, condition, and many other factors, you may need endorsements, or extra coverage. This could include protection in case of theft, construction, liquor liability, and MANY others to make your policy truly fit your needs.

 
 
parallax background
 

Invest in Your Future with
Umbrella Insurance

If you are someone who has or is growing
significant assets, it may be time to talk to
an expert about additional coverage that is over
and above your underlying limits.

 
parallax background
 

Invest in Your Future with Umbrella Insurance

If you are someone who has or is growing significant assets, it may be time to talk to an expert about additional coverage that is over and above your underlying limits.

 
 
 

Ready to explore Investment Property Insurance?

Request a Quote OR Connect With an Expert
 

Frequent Investment Property Insurance Questions

1How Much Does Property Insurance Cost?

 No two properties are the same. However, there are a few variables that help determine the cost.

  1. How is the property is being used? Generally, short term is more expensive than long term.

  2. How big is the property? Generally, higher replacement cost = higher premium.

  3. How risky is the tenant? Student and Fraternity/Sorority tenants are more expensive than standard tenants.

  4. Where is the property located? Certain geographical areas have more risks and natural disasters.

2What Does Investment Property Insurance NOT Cover?

Investment Property Insurance does not cover:

  1. Maintenance or replacement of home appliances.

  2. Tenants! We recommend you make Renters Insurance a requirement in your lease agreement. This way, your tenant’s personal belongings inside the home are covered.

3I Have Homeowners Insurance. Do I Need Investment Property Insurance?

Yes! Homeowners insurance is personal and intended to protect you, your family, and your belongings in the home. Once you begin using your property as a rental, you acquire different risks that are not covered by Homeowners Insurance.