Most landlord policies will provide anywhere from $100,000 to $1 million in landlord liability protection. Always opt for the higher coverage as it is only a few dollars more per year.
Bundle Policies
Most home insurance companies will provide discounts and other benefits if you insure other policies with them. This can also make it easier to work with one company in the event of a loss.
Loss of Rents Coverage
In the event your property becomes uninhabitable for a prolonged period of time loss of rents coverage can provide the income protection while a tenant is no longer paying rent. Don't underestimate the value of this coverage.
