Landlord Insurance

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Cheap Landlord Insurance

Cheap landlord insurance is the way to go if you want to save the most money and operate a profitable rental income business. It goes without saying that most landlords want to find the cheapest policy possible but you should also consider the coverage limits of each policy. The lowest cost landlord insurance policy may actually cost you money in the long run.

When you compare quotes from landlord insurance companies it is likely that you will focus on how much the policy costs and not the coverage that it contains. Here are some coverage limits that you don't want to skimp on:

Landlord Liability Insurance

Loss of Rents

Building Property Coverage

To get cheap landlord insurance doesn't mean you have to give up on quality. Many companies will have rate changes each year that allow them to compete for your business. This basically means that insurance companies may have more profitable areas that allow them to lower the cost of insurance to those residents. Take advantage of this while those same companies may increase their rates in the coming years if a major loss occurs.

Affordable Landlord Insurance Quotes

Affordable landlord insurance can be attained when you know what you are looking for in an insurance policy. Most rental property owners go about shopping for insurance rates all wrong. When you go online and fill out those forms for rate quotes from each insurance company that is going to take a long time and you will have to fill out the same information each time. We can provide a simple and secure way to shop multiple companies and only type in your information once.

Start by entering you zip code in the box above then click get quotes.

Once you start to get contacted by our trusted insurance agents ask them questions so you can see which company will best fit your needs. Ask questions that will challenge the insurance agent to see if they will be the best agent for you.

How long have you been in the business?

What are your office hours?

How do I contact you or your company on the weekends?

Do you help me when I need to file a claim?

What can I expect when I have a disaster and need immediate help?

These are some of the questions you should ask each agent to see if they can provide you with great customer service and claims experience. When you purchase insurance you really don't get much out of it until you need to file a claim so make sure that company has a good claims history.

How to find affordable landlord insurance quotes.

It is recommended that each year you should compare rates from leading companies to see the average cost of landlord insurance in your area. While you may be satisfied with your insurance agent or company it never hurts to spend a few minutes’ online getting house insurance quotes.

If you find a cheaper policy with another company be sure to ask the following questions to confirm the rate is not going to change.

  1. Will I be surcharged a penalty if I cancel this policy prior to the end of policy period?
  2. Does this quote assume I am also insuring my cars with your company?
  3. Is there a new client discount that will end after the first year?

All of these questions will better help you understand why the premium is lower and if it will increase in the future.