Some landlords with just one rental unit assume they don't need specialized insurance. This is a risky assumption.
Why You Need Coverage
- Liability exposure — A tenant or visitor injury on your property could result in a costly lawsuit
- Property damage — Tenant damage, fires, storms, and other events can be expensive
- Lost income — If your rental becomes uninhabitable, you lose revenue during repairs
- Legal costs — Eviction proceedings and legal disputes require money
Cost-Effective Protection
Long-term rental insurance for a single unit is typically affordable — often just a few hundred dollars per year. Compare that to the potential cost of a single uninsured claim.
BlackArrow can help you find affordable coverage for your rental property, whether you have one unit or many.
