Property Insurance
Property Insurance is a broad type of insurance that includes several specific insurances to protect commercial and residential properties against various damages. The policies are aimed at homeowners, landlords and renters. The policies cover various damages from flood to theft, storm damage to fire events, and more.
Homeowners Insurance
Buying homeowners insurance means protecting your biggest investment against unforeseen damages. Not only does the homeowner’s policy protect your building structure, covering water, flood or weather damages: it also provides coverage against a loss of items inside the house in case of theft. Plus, it can help you claim a refund or financing for extensions or replacement of structural appendages r home repairs.
Renter’s Policy
Living in a rental space, you may not have to worry about the building or structural damage if it may occur, but your belongings are not covered by landlord’s policy. Therefore, as a renter, you must protect your own stuff with a renter’s policy for your own furniture, electrical appliances, personal items and more.
Landlord’s Insurance
Landlord’s insurance protects those with multiple property holdings on rent. Landlord policies cover everything from a block of apartments to huge estates and commercial properties. These include:
- Building and structural protection
- Loss of rent policies
- Content on property coverage
- Employer’s liability insurance cover
Unoccupied Property Insurance
Unoccupied Property Insurance is an excellent way to provide targeted protection to those property owners whose properties are lying vacant. For those with diverse property portfolios, there may come a time when one or more of your properties may be empty, owing to renovations or in-between renters or waiting to be sold off. The policy includes:
- Building coverage
- Subsidence coverage
