Rental Property Insurance
If you’re a real estate investor, you know the importance of protecting your investment. You also know the importance of keeping your costs down to maximize your profits. At Camargo Insurance Agency Inc., we can help you put together the right coverage package at the right price. Whether you are an institutional investor or first time landlord, we have the markets and expertise to design a plan of insurance that works for you.
Many homeowners believe that their standard homeowners insurance policy provides complete protection from fire damage. If you’re living in your own home – it will. But, if you’re renting out a house, think again.
Dwelling fire insurance is specifically designed to protect landlords with 1 to 4 family properties from the financial loss resulting from a fire. This includes the physical damage to the home as well as your lost rental income, allowing you the time and resources to rebuild and rent.
Contact Camargo Insurance Agency Inc. today to find out more about dwelling fire insurance.
Whether you’re an investor with a large apartment complex or strip mall or you’ve just moved and are renting out your old home, make sure you understand your insurance policy. What is the difference between a Replacement Cost and Actual Cash Value policy? Does your policy cover just fire and storm damage or does it also include coverage for other types of losses such as bursting pipes and vandalism? How does vacancy affect your coverage? The options and coverage types for investment properties can be complex. Let Camargo Insurance Agency Inc. guide you through this process to make sure you have right investment property insurance. If you are a seasoned real estate investor with various properties, make sure to ask us about our discounted package policies for clients with multiple locations.