Land Lord Rental Insurance
Protect Your Rental Property
When you’re renting out a property—whether it’s a second home, guest house, or a long-term lease—it’s important to have the right protection in place. Standard homeowners insurance often falls short when it comes to rental properties, but Landlord Insurance offers coverage specifically designed for property owners like you.
What we cover
Landlord insurance doesn’t just cover the basics. It goes above and beyond, offering protection for the unique risks you face as a property owner. From covering physical damage to your rental home, to safeguarding your rental income if your property is damaged and can’t be leased, we’ve got you covered.
Dwelling Coverage
If your property is damaged by fire, wind, or other covered risks, your policy will cover repairs.
Other Structures
This covers things like fences, detached garages, and other structures on your property.
Personal Property
Got tools, lawn equipment, or appliances you use to maintain your rental? If they’re damaged, your insurance has you covered.
Liability Protection
In case someone gets hurt on your property and sues, your policy will help with legal expenses.
Loss of Rental Income
If a covered event like a fire makes the property uninhabitable, this coverage helps replace lost rental income.
Theft Protection
Reimbursements for stolen property like lawn equipment or maintenance tools.
Why The Ford Agency
As a property owner, you have enough on your plate. Our job is to make sure your rental property is fully protected so you can rent it out without worrying about the unexpected. Whether you own a single property or manage multiple rentals, we tailor our policies to meet your specific needs. Plus, if you’re financing the property, most lenders require landlord insurance, so it’s a smart move no matter what.
SPECIALTY INSURANCE
What is Specialty Insurance?
If you own one of the following items, you may want to consider purchasing an additional specialty insurance policy to cover any accidents, theft, or damage.
- High performance or collector vehicles
- ATV- Motorcycle
- Boat
- Recreational Vehicle
- High Value Home
- High Value Renters
- Collectables and collections
- Jewelry
Motorcycle or ATV
Motorcycle insurance, like ATV insurance, is separate from traditional car insurance. It will reimburse you for expenses related to accidents, injuries, and lawsuits and can also help you replace your motorcycle if it is damaged or stolen. Motorcyclists involved in an accident with a driver who has inadequate or no insurance will also receive financial support through their own insurance policy, which can save them a significant amount of money.
Boat Insurance
Boats typically require owners to maintain insurance policies. Boat insurance covers loss or damage of a variety of watercraft, including most motorboats (fishing boats, etc.) and pontoon boats, paddle boats, leisure crafts, and yachts. Typically it does not cover canoes, kayaks, and other small or personal watercraft. Boat insurance covers collisions, property, and bodily damage, and theft. Additional coverage can be purchased for medical payments, fishing equipment, and oil spills, among other options.
RV Insurance
RV insurance covers you from excessive financial loss in the event of an RV accident, including property and bodily damage to you or other motorists. RV insurance is a separate policy from car insurance. Additional coverage options can include campsite and vacation coverage and full-timer coverage if you plan to live in your RV as your full-time residence for a period of time. Without this type of insurance, you can be faced with extensive financial burdens to repair or replace your RV while traveling.
High Value Home or Renters Insurance
High-value home insurance is one of the most comprehensive types of insurance available and is tailored to provide coverage for homes with special design elements and other features, homes that were designed by an architect or decorated by an interior designer, or homes that have historical significance.The same is true for high-value apartments or condos being rented. This type of insurance can also cover high-value art, rugs, jewelry, and other special items, like antiques, that are stored inside the house. High-value home insurance can be beneficial even for homes that are modest but older or historic so contact us to see if your home is eligible.
