Protect
your investment and your business by obtaining the best property and
liability insurance for renting properties.
Residential
Properties
Policies
are now available to cover almost every conceivable issues, from a tripping
and falling on your yard, to tenants damaging your property, or you
having to relocate tenants following a fire or flood.
It
is important to realize that many household insurance policies do not
cover the issues related to renting and tenants. You need a policy which
is specifically designed for renting and one which covers many additional
risks.
If
you are renting your property, your mortgage company will need to be
notified and will insist that certain conditions are met, including
that the proper rental insurance policies are in place.
Landlords'
insurance policies for residential renting are very competitive and
there is little difference in cost from normal household policies. Many
packages are available ready made and off the shelf and Kape Insurance
can assist you in selecting the proper policy for your situation.
Specific
policies have been created in order to handle landlord's needs and coverage
can often be extended just as required, for example:
Building
and landlord's contents
Public
and tenant liabilities
Loss
of rental and the cost of relocating your tenant in the case of a
fire or a flood
Cost
of hotel accommodation if your tenant refuses to leave on time
Loss
of rent if the tenant does not pay
The
cost of evicting a bad tenant
Malicious
damage and vandalism by tenants and others
Emergency
repair services
General
legal costs etc
Commercial
Properties
Office,
retail and commercial buildings can usually be insured on cost effective
building package policies. Package policies provide most of the basic
items you will need and can include:
Buildings
Replacement Cost
Public
Liability Insurance
Loss
of Rent in the event of damage or destruction
Optional
coverage is available for Flood, Earthquake, Equipment Breakdown, increased
building ordinance costs and other risks of loss. We can help customize
your building insurance to meet your needs and to minimize your annual
costs.
No
matter what specific property owners insurance needs you have, Kape
Insurance can work with you to resolve these insurance issues and to
begin that process, please fill out a quote
request.
Business Insurance
