The real estate markets in Tennessee, Kentucky and throughout the country are undergoing dramatic change. As many investors realize, with change comes opportunity! Our rates for Landlord Package Policies are FANTASTIC! While multi-line discounts are significant, we also accept new business from out of state owners. Simply click the link below & complete the form. We look forward to earning your business.
Here is a small list of differences between a Landlords Package Policy and a Homeowners Insurance policy for those who are considering investment property for the first time:
Dwelling Coverage calculation is generally the same
Landlords Package Policies (LPP) have significantly less Personal Property coverage (your tenant should purchase a Renters Policy to protect their contents)
LPPs include coverage for Loss of Rents if your property becomes untenantable due to a covered loss
LPPs often require an endorsement for specific types of loss (for example, theft may be excluded except by endorsement).
Hopefully, this partial list is helpful. Contact us with any specific questions regarding your situation.
