Which is the cheapest landlord insurance policy?

More often than not, opting for the DP1, you will find you the cheapest policy available from almost any insuring company. This DP1 Policy form is considered basic coverage with some options that can be added on including extended owners contents and liability protection as well as other structures you may have on the premise. The DP1 policy is a personal lines coverage policy and is the cheapest option for most single family rental properties. Smaller Residential Dingle family rental homes or "For Let" properties, can in most cases can be covered under Form DP1, DP2 or DP3. Multiple homes can be on a single schedule together with a master policy so long as they all have the same coverage types, ACV as oppose do RCV, and matching deductibles. Separate Mortgage Holders can not be scheduled together on the same master policy. A free quote is available through the quote request form by clicking the appropriate button above, or just gve us a call.

Duplexes, Triplex and Quad-Plex coverage is offered under our personal dwelling DP1 insurance policy program. Coverage forms DP1, DP2 or DP3 insurance policy available. Blocks of similar homes including multi unit property insurance can be scheduled together so long as they have matching mortgage holders and coverage types. Coverage can likewise be scheduled on a commercial insurance policy for landlords . Commercial markets coverage offerings may vary in terms depending on construction grade of the risk. CP Basic, Extended or Special Broad coverage forms ar available for scheduling. Your coverage can include buildings, personal property and contents coverage, owners Liability, extended Accidental Water Discharge coverage, and loss of the property owners rental income.

Select Markets are accepting Apartment communities both large and small. We offer landlord Rental Property insurance policies for up to 1,000 Units per location, or up to 35 in coverage per structure available in Texas. Basic or Extended with options for Broad or Special policy forms. This coverage can include your buildings and certain owners contents to meet your apartment's insurance needs. Coverage includes the usual Fire and Wind, with extended Hail and optional coverage for rental income loss coverage. These options can be selected at time of purchase, or can be sometimes be endorsed on to your policy at a later date if you decide to increase coverage.

Condominium Dwelling insurance programs are available for all Texas territories to cover your condo unit investments. Extended Condo insurance and Owners Income interruption coverage are available. Condominium policies typically provide what's called "between the walls protection", due to Owner Associations most often providing this coverage. The unit owners policy typically covers the inside of the unit, it furnishings and fixtures, along with the owners personal and legal liability.

Coverage for vacant properties is available on the DP1 policy form only. This personal lines coverage protects your investment between occupancies. Residential and Commercial vacant property schedules are generally limited to property and liability only and require routine monitoring and maintenance of the structure by the owner or owner's designated representative or care taker. Vacant policies are available in quarterly and annual policy terms depending on your expected term of vacancy.

Commercial landlord insurance risks in Texas are now accepted up to 42 million coverage per location. Owners may have a recent covered loss and still qualify with this market. This program does not require the property risk does not need to be loss free. Basic, Extended and and Special CP (Commercial Policy) monoline or package policies.  Commercial policies will require a minimum of next day binding for coverage to become effective.