Rental Property Insurance in Needville, TX
If you’re a landlord renting out a residential property, a standard homeowners insurance is not suitable to cover your risks and exposures. In this case, a rental homes/landlord insurance policy may be more appropriate to safeguard your property financially.
What Is Landlord Insurance? 
Landlord insurance is a specialized policy you can purchase to cover your rental apartment, condominium unit, single-family home or vacation house against financial loss. Coverage may vary depending on the insurer, but a standard policy may provide the following:
- Dwelling coverage may cover repair costs if your rental property was damaged by fire, hail, lightning, wind or other covered risks.
- Landlord liability protection may help pay for losses and expenses if a third party is injured or their property is damaged in an incident for which you’re responsible.
- Other structures coverage may cover detached structures of your rental property, such as a garage or shed.
- Personal property coverage may pay for the repair or replacement costs of your personal belongings that you leave at your rental property, such as furniture or maintenance equipment.
- Loss of income coverage may compensate you for lost income if your rental property becomes uninhabitable due to a covered risk.
How Much Does Coverage Cost?
The cost of rental homes/landlord insurance in Texas may depend on various circumstances. Insurers may consider the following factors when calculating your premium:
- Your location
- Your property type
- The size of your property
- Your deductible amount
- Your coverage limits
- Environmental factors such as risk of flood, hurricane and wildfire
Get the Right Coverage
Contact Needville Insurance to learn more or request a personalized quote.