What is Landlord's Insurance?
Landlord’s insurance is very important for you as a property investor. Holding this type of insurance can cover you for situations caused by tenants, these can include. Damages to buildings and contents, along with rental defaults.
Why use Landlord's Insurance?
You will need Landlord’s insurance to be able to have peace of mind. If your rental property was damaged by your tenants and the bond didn’t cover the damages. You the owner of the investment property would need to out lay funds to fix your property. Landlord’s insurance can cover you for a range of options.