Landlord Insurance

Landlord Insurance in Albany, Troy & Schenectady

Do you own property in the Capital District? Do you have landlord insurance in Albany where you own property? If you don't, you may see insurance for landlords as an extravagance, or a luxury you cannot afford. The truth is, landlord insurance is crucial to protect you as the owner of a property for a number of reasons.

Why Do I Need Insurance as a Landlord?

Landlord insurance protects you and your real estate should anything happen on your property, whether you are renting out a residential home, a condo or an apartment. If someone or something damages your property, be it unruly or careless tenants, a fire, burglar, vandals or some other damaging event that your landlord insurance policy covers, you will insulate yourself from losses. Without insurance, said damage will be your responsibility and will be your responsibility to repair.

Landlord insurance is vital to protect you from liability. Even if you are meticulous about maintaining quality health and safety standards on your property, you cannot be there all the time and you cannot control what happens. If there is an injury on your property or damage to a tenant's belongings, you may be found liable, and medical bills or the cost of replacing rare items can be extremely expensive..

Landlord insurances can also help cover costs in the event that your rental property becomes uninhabitable due to damage to the property such as a fire. The right policy can provide you with rental reimbursement for the lost income during the time you cannot rent out your property.

Finding Insurance Policies for Landlords in Albany, Troy & Schenectady

As you can see, the right insurance policy for landlords is extremely important and well worth the cost, especially when you buy your policy through Capital Gate Insurance Group. We use 25 different carriers to help you get the most competitive price, and will work with you to make sure you get the coverage you need for your concerns as a landlord. For a free quote, contact Capital Gate Insurance Group today.

We know where to look to get the best insurance coverage for you - at the best price... Remember, we only earn our money by saving you yours, it's that simple!