Rental Property Insurance

  • WHAT IS IT
  • WHO IS IT FOR

Rental Property Insurance or also known as Dwelling Fire Insurance policy gives a landlord or investor the insurance protection it needs to cover their rental investment property that is rented or leased to others.

Rental Property Insurance protects Investors and landlords looking to purchase a comprehensive insurance policy tailored to protect their rental properties adequately in the event of a loss.

Protecting your rental property and real estate investment

A Rental Property Insurance Policy would give you the proper coverage needed to protect your investment rental from property damage and liability arising with operating your property as a landlord. Whether your investment property is a multi-family home, single-family home, apartment, or a condo unit, purchase a dwelling fire insurance policy.

 

COVERAGE DETAILS

We’re Here to Make Sense of it for You

There are many choices to make when insuring your investment property. We offer a Dwelling Fire Special Form Policy (DP-3), which protects your dwelling, and other buildings such as sheds and garages, from “all risks” unless expressly excluded. We also have a our Dwelling Fire Broad Form Policy (DP-2) to protect your property from losses individually listed. Some examples of damages covered under the Broad Form policy are:

  • Collapse
  • Smoke
  • Explosion
  • Vandalism
  • Fire
  • Weight of ice/snow
  • Hail
  • Windstorm
  • Lightning

Also, if your property is unfit to rent due to a loss, you can receive reimbursement of the value of your lost rental income for up to twelve months.

Optional Coverage

  • Earthquake
  • Theft
  • Personal liability and medical payments to others
Dwelling Fire Insurance Rental Property Insurance - LoPriore Insurance Agency 781-438-1375

FAQs

Does Landlord Insurance - Rental Property Insurance Cover their tenants' personal contents?

No, the tenant must purchase a separate policy to protect their personal property.

Can landlords purchase contents coverage for items left at property to maintain the premises?

Yes, the Dwelling Fire Policy offers options to purchase this additional coverage for landlord’s personal property.

Landlord Insurance offers 3 standard forms of coverage. Which one offers me the most coverage?

When comparing the DP-1 Basic Form, the DP-2 Broad Form and the DP-3 Special Form, the form that offers the most coverage to the landlord or investor would be the DP-3 Special Form.

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    LoPriore Insurance Agency
    LoPriore Insurance Agency
    426 Main Street Suite 2
    Stoneham, MA 02180-2650
    Fax: 781-438-6790
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