Rental Property Insurance
It Pays to Own Landlord Insurance from Society
As a landlord, your greatest assets are your happy, long-term tenants. But it may not always be sunny on your side of the street. Society’s rental property insurance is tailored to cover the details that make a difference in helping to keep your rental property in good shape and your tenant relationships on good terms.
Rental Property Insurance Coverage
Ask your agent about these coverages:
- Waiting period. Coverage begins immediately after a covered loss unless a 24-hour, 48-hour or 72-hour waiting period is selected.
- Coverage for loss of business income. Coverage for loss of business income due to service interruption for all covered causes of loss, including equipment breakdown. No distance limitation, No exclusion for overhead power lines.
- Coverage for outdoor property. Outdoor property coverage includes wind and vandalism damage.
- No coinsurance. Some other insurance companies use coinsurance language which may reduce the amount of a claim payment in the event the amount of insurance purchased was inadequate.
- Green endorsement to rebuild using green alternatives after a loss, even if the green repair costs are more than the original equipment or material.
- Workers compensation insurance that protects your employees at a fair price. Workers compensation insurance that protects your employees at a fair price.
How Much Does Rental Property Insurance Cost?
Our rental property insurance program is tailored to the unique needs of your business. Your local Society agent will help you to determine the insurance coverage necessary to protect your livelihood.
Preventing Losses
Understanding the particular insurance needs of your business means knowing where the risks are and controlling them to minimize loss. Our team is ready to help.
Expert claims handling
Our dedicated claims professionals are experts in the types of claims most likely to affect your business and remain focused on recouping your losses quickly and efficiently.
Working together
By choosing Society, you’re not only getting one of the most comprehensive plans for your business, but a partner dedicated to your company’s continued success.