Having the appropriate insurance coverage for your rental investments is absolutely essential.
Whether you are renting out a long term property like a home or condo, or are simply allowing others enjoy a much needed getaway in your luxury vacation rental, you need to consider all of the risk exposures you face. Our specialized rental property insurance can help assume the risk for damages to your premises, as well as cover you against any unexpected injuries or accidents that occur involving others while on your property.
At Lucas Insurance Services we are here to help evaluate your realistic risk exposure and ensure you have the appropriate level of protection. We can help protect you against a variety of issues and our specialized insurance knowledge allows us to insure all levels of rental property including:
- Properties that are vacant or up for sale
- Properties that are under construction
- Luxury high risk and high value vacation rentals
Rental income insurance is also an important factor to consider. The loss of a property is more than the physical loss, there is also the loss of the income stream. This requires specific insurance for rental property owners that can protect you against the loss of income from such an event as a fire. In most cases, this coverage will provide you with a year’s worth of rental income, allowing you the time and resources to rebuild and rent.
With so many options and alternatives to choose from, selecting the best rental insurance package may seem tricky–but with Lucas Insurance Services on your side, we guarantee to secure you the most effective coverage that not only meets your needs but exceeds your expectations, so give us a call today!