What is Landlord Insurance?
Landlord insurance, also known as tenant insurance, is designed to protect property owners who rent their holdings to other people as primary residences. Landlords face unique and significant liabilities and risks in making their properties available to tenants. Tenant dwelling insurance, which is also called “landlord insurance,” isn’t required by Florida law, but property owners nevertheless have certain legal responsibilities to their tenants.
Do You Need Tenant Insurance in Largo, FL? You’re Covered with Business & Family Insurors
If you’re a landlord, tenant dwelling insurance will help you satisfy your legal obligations to people renting your property if unexpected disaster or accident occurs. Your rental holdings represent a significant investment on your part and landlord insurance is a must for protecting it.
Insurance Policies Tailored to Your Needs
When you purchase landlord insurance from Business & Family Insurors, you have considerable flexibility regarding customizing your coverage. An important part of our job is helping you understand all the aspects of proper coverage. We’ll review all your risks and liabilities with you and fully address all your questions. We want you to make educated decisions regarding suitable coverages for you, your properties and all your tenants.
Tenant Insurance Equipment Breakdown Coverage
Equipment breakdown coverage reimburses the property owner for damages to insured property caused by mechanical failures.
Tenant Insurance Move Back Coverage
If an insured event forces you, the landlord, to temporarily relocate tenants to alternate lodgings, tenant move back coverage helps defray the cost of moving them back home after the property is again deemed livable.
Tenant Insurance Heating or Air Conditioning Loss Coverage
Heating or air conditioning loss coverage reimburses the landlord for payments made to a tenant if a mechanical failure causes a complete loss of heating or air conditioning in a tenant residence.