There are more and more properties used for rental, and as the demand of rental increases, there are more uncertain risks.
As tenants maliciously destroy houses, damage to houses, and the number of incidents of meth contamination to houses, disputes between landlords and tenants continue, and more and more landlords hope to protect their rights by purchasing landlord insurance.
The landlord insurance provide protection to the property, goods and other related landlord’s personal responsibility of the landlord in the process of renting the house. The insurance company will make reasonable compensation for the loss of the tenant's malicious destruction of the house or theft, the tenant's refusal to pay the rent loss, the unaccountable loss of the house, and the loss caused by personal responsibility. The landlord insurance could help landlords prevent these risks.
You can get compensation not only when the rental property is damaged, but also if the tenant causes damage to the house or loss of rent, you can also get compensation through landlord insurance, so that you can minimize your losses.
© 2017 SP Insurance.