Owning real estate, whether it’s a single-family rental or a multi-family complex, can be rewarding. It can also pose unique challenges – especially when it comes to finding adequate rental property insurance.
Most standard homeowners policies, for example, do not provide sufficient insurance protection for real estate investments. Further, a dwelling purchased exclusively as an investment property is typically viewed as “higher-risk” by some traditional insurance carriers.
BR Risk Group™ Specialty Insurance partners with top Specialty Insurance markets to provide tailored coverage solutions for your rental property investment.
No two rental property investments are the same. This means the types of insurance coverage needs can vary depending on whether the dwelling is a single-family property or a multi-family complex. But no matter what type of rental property you’re investing in, securing both property and liability coverage is a must.
Property coverage helps protect the dwelling against loss from direct physical damage due to fire, lightning, windstorm, vandalism, theft, and other events.
Liability coverage is designed to protect you, the investor, from claims that happen at your investment property. This can include someone slipping and falling on your property, or if a tenant’s dog bites someone on your property.
