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Landlord Insurance Sparks NV

This page provides relevant content and local businesses that can help with your search for information on Landlord Insurance. You will find informative articles about Landlord Insurance, including "Insurance Needs for Landlords". Below you will also find local businesses that may provide the products or services you are looking for. Please scroll down to find the local resources in Sparks, NV that can help answer your questions about Landlord Insurance.

Accurate Insurance Services
(775) 673-3229
5055 Sun Valley Blvd
Sun Valley, NV
 
Accurate Insurance Services
(775) 673-3229
5468 Sun Valley Blvd
Sun Valley, NV
Alternate Phone Number
775-673-3229
Services
Car Insurance,Life Insurance,Home Insurance,Mobile Home Insurance,Health Insurance,Retirement Planning

Universal Health Network
(775) 356-1159
639 Isbell Rd Ste 400
Reno, NV
 
American Family Insurance-Linda Valenzuela
(702) 407-9495
209 S Stephanie St Ste A
Henderson, NV
 
Nevada Pacific Insurance Services-Roberto Lozano
(702) 877-9700
2795 E Desert Inn Rd Ste 100
Las Vegas, NV
 
Accurate Insurance Services
(775) 673-3229
5468 Sun Valley Blvd
Sun Valley, NV
Alternate Phone Number
7756733224
Services
Independent Insurance Broker

Balsiger Insurance
(775) 287-4274
6380 Mae Anne Ave, Unit 7
Reno, NV
Alternate Phone Number
(775) 826-1559
Services
Business Insurance, Commercial Insurance, Personal Insurance
Prices and/or Promotions
Bar & Tavern Insurance, Cyber/Data

Van Kirk and Blackburn Consulting
(916) 296-2490
3276 Hedingham Ct
Las Vegas, NV
 
Genuine Warranty Solutions, Inc.
(702) 631-0012
3470 W Cheyenne Ave Ste 500
N Las Vegas, NV
 
Summerlin Life & Health Insurance Co.
(702) 304-5555
1932 Park Sheridan
Las Vegas, NV
 

Insurance Needs for Landlords

Insurance Needs for Landlords


So, you've managed to get into the housing market and buy a property as an investment? Good idea! Now you'll have to figure out what you need as a new landlord and one of the most important things is insurance on your rental property.

In order to protect your investment, you really have to have insurance. You will have some unique insurance needs as the person who owns the property, but does not reside there. After all, it will be the tenants responsibility to insure the contents. But the structure is your responsibility.

As a landlord, liability is also a larger issue for you. What if your tenant is hurt on the rental property? You need to be sure that if you are sued, you have the insurance to help you out.

Last, but not least, as a landlord you need to protect your income stream and that's your rental income. If the structure is sufficiently damaged that it is impossible for the renter to occupy your property, you need to be able to cover that rental income in order to meet your obligations, including the mortgage on the property, if any. This is where you have to think carefully about what your true needs are and buy the right coverage.

Take heart! While it may sound intimidating, insurers have already designed policies for the landlords needs. Do keep in mind that there will be variation in these policies, so you'll have to check the fine print and pick the one that best suit's your situation. Shopping around will give you a better idea of what is available in coverage and at what price.

Having said that, always ensure that your policy has at least the following:

  • Coverage for the physical structure (for either named perils or on an open-peril basis)
  • Coverage for other structures on the property, including any storage sheds, garage buildings or other upgrades. In most cases, your basic policy will give you coverage equal to 10% of the value of the main building. Be sure that is enough.
  • Coverage for a...

Click here to read the rest of this article from Insurance Guide 101

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