The needs of a landlord are different from a typical homeowner. That’s why we work with you to source landlord’s rental insurance policies that will provide you with a a broad range of essential property protection. Landlords Insurance will cover:
Your rental building, Other private structures on the property such as a garage or shed Your personal property. As a landlord, you likely have items that you own such as tools, appliances, or furniture that are used by your tenants or stored on the rental property. This coverage extends even to items that are out for repair or servicing.
Landlords Insurance will provide you with protection from lawsuits as well as provide you with payment for loss of rental income:
Protection from lawsuits: One of the biggest risks landlords face is liability for injuries or property damage that happens on a rental property. We will source coverage to protect you from lawsuits for bodily injury or property damage arising from the use of your personal property. Payment for loss of rental income: If you rely on the income from your tenants to pay your mortgage, you could face significant challenges. With coverage from AIB, you will receive payment for your loss rental income during the repair or rebuilding up to the limit specified in your policy.