Landlord Policy Salisbury MD (LLP)
Who’s looking out for you?
You know you need to protect your rental property. But how do you know if you have the right protection? The Landlords Package Policy offers affordable insurance for you and your rental property-from single family homes to four-unit buildings. So you can have protection, up to policy limits, if your property is damaged or destroyed, someone gets injured on your property or you’re sued.
Landlords Package Policy coverage
A Landlords package Policy provides protection for rental properties from a single family home to four family units that aren’t owner- occupied. In most states, you can protect up to 15 properties with your policy.
Building: Protects against covered loss to your buildings caused by hazards like those below.
Personal Property: In case of a covered hazard, will help reimburse you for loss or damage to your belongings.
Fire, lightning, falling objects, smoke, explosion, wind and hail, damage by aircraft, damage by vehicle, freezing of plumbing, heating or air conditioning systems or households appliances, water damage from plumbing, heating, air conditioning or automatic fire protection systems. Building glass breakage, electrical current variances, civil commotion and riot.
Additional Protection: Protects against additional hazards landlords may face.
Debris removal, trees, shrubs, plants and lawns, emergency removal of property, fire department charges, temporary repairs after a loss, arson reward, collapse of building.
Coverage landlords need
As a landlord, you need more protection than an average homeowners policy provides. In addition to property and liability coverage, the Allstate Landlords Package Policy provides coverage for special risks landlords face.
Your rental property can put you at risk of a lawsuit. This coverage provides protection against non-auto liability injury claims or property damage occurring on your property. Allstate will also help provide legal counsel to defend you in the event you are sued as the result of a covered loss.
Fair Rental Income
If you can’t rent out your property because it’s damaged, you’re losing valuable rental income. With Fair Rental Protection, if your property becomes uninhabitable because of a covered loss, you’ll receive compensation for the rental income you would have received. This covers the time required to either repair or replace the rental unit – up to a maximum of 12 months.
Individualize your policy
Because everybody’s protection needs are different, Allstate offers you the opportunity to add on mor coverage or increase your coverage limits.
Burglary coverage, vandalism coverage, satellite dish antennas and systems, building codes andloss assessments
Increased limits available for:
Personal property, liability protection, fire department charges, other structures on premises and medical payments.
Save money through discounts
You may also be able to save money with one of our discounts: multiple policy discount, claim free discount.