Trusted insurance service for landlords in New Haven CT
Rated Excellent (4.4 stars out of 5) on TrustPilot
Rated Excellent (4.4 stars out of 5) on TrustPilot
Connecticut is known as being a tenant-friendly state as the laws tend to favor the renters more. However, in 2019 34.97% of households were renters, and renting is a better option than buying if we look at the price to rent ratio (23.6). Even though the state has strict landlord-tenant laws, there is a good opportunity for landlords.
Landlord insurance (also known as rental insurance) is a policy for people who rent their homes to others. Landlord insurance is not required for a landlord, but insurance can bring many benefits:
We make it easy to get landlord insurance for many types of properties
We also help AirBNBs, VRBOS, and other rental properties
Your insurance policy can cover a wide range of risks, or you can choose a limited set of coverages for a lower premium.
Because of modern safety codes, fires have become rarer, but the fires that do start tend to cause total destruction of the property.
Broken pipes and appliance leaks are the most common and overall the most expensive property damage for rental properties.
Roof damage from storms has become increasingly common as the intensity and frequency of storms have increased over the last two decades.
Liability protection covers the cost of defending you and settling claims from tenants and their guests for injuries sustained on your property.
When violent protests break out, riot coverage can pay to fix property damage caused by looters and protestors.
Malicious mischief coverage, as it’s known, covers repairs to broken glass, graffiti removal, and replacement of stolen or damaged property like shared washing machines.
Injury protection can keep you from getting stuck with the cost of medical bills if a tenant or visitor gets injured on the property.
Many policies also include coverage for a long list of other perils such as riots or civil commotion, explosions, volcanic eruptions, and damage caused by vehicles.
We help property investors get affordable landlord insurance in all 50 states. Our team of knowledgeable sales agents across the country are experts at get the right coverage for your needs.
No hidden cancellation fees. Competitive rates nationwide.