Do you have landlord’s insurance?
As a property investor, it’s important to protect your asset and while it might seem like an extra expense upfront, the benefit outweighs the cost.
This a reminder that it’s a small, tax-deductible expense that could end up saving you thousands in the long run.
- Your Tenants Circumstances Change – Sometimes tenant’s circumstances can change and this can reflect in their ability to care for your property or in some circumstances default on rent due to hardship or other reasons. Invest in a landlord’s insurance policy designed specifically for your property circumstances.
- In the Event of an Accident – A landlord insurance policy is important to cover you for unexpected natural disasters or accidents in the home. Fires, floods, accidents, and damage to the home can all be covered under a tailored insurance policy. It gives you peace of mind, knowing that you can continue to cover your mortgage should anything happen to your investment.
- Building insurance protects against loss or damage caused by tenants, their family, or their invited guests. This can include tenant damage, pet damage, or even scorching damage.
At GC Executive Properties, we are expert property managers, giving you the best advice to help grow and protect your investment. We ensure our clients have all the important information to look after their new home.
Book an appointment today!