Rental Property

If you’re insuring your rental property with a homeowners policy, you may be spending more than you need to. A rental property insurance product can help protect landlords with smaller properties-from single-family homes up to four family-rental units. It helps cover:

    • Up to 12 months of lost rental income
    • Damages to your property
    • Damages you are legally obligated to pay
    • Legal fees

 

Coverage Landlords Need

As a landlord, you need more protection than an average homeowners policy provides. In addition to property and liability coverage, the JSI Renters Property insurance provides coverage for special risks landlords face. To learn more and receive a quote, click Get A Quote.

Liability Protection

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. JSI 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 Income 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.

Do your Tenants have Renters Coverage?

If your property is robbed, your landlord’s policy likely won’t pay to replace any of your tenants stuff. Make sure your tenants have coverage for personal property, family liability, guest medical and additional living expenses. Have them ask us at JSI about Renter’s Insurance.