Property Management – Woodland Hills – West Hills and Calabasas
Woodland Hills Property Management
West Hills Property Management
Calabasas Property Management
Woodland Hills and Los Angeles Landlord Insurance is one of the best insurance options for the property owners. As a landlord you must be aware of the importance of landlord insurance. Landlords insurance can protect you if your boarder damages the property or fails to pay the rent. These are the obvious situations mostly faced by the landlords.
During these rough economic times, landlords are under even more financial risks than ever before. We at the Trident Agency can help you get the best coverage at the most competitive rates.
The major areas which are covered by landlords insurance include property coverage, guarantee of rent, legal protection and the accidental damage coverage. Apart from this it will also help you avoid financial losses by covering standard perils such as fire, lighting, explosion, storm, flood, escape of water/oil, subsidence, theft and malicious damage. Below I have broken down some of the coverage options offered.
Landlord buildings insurance
Under this insurance you will have coverage the damages caused by the perils such as fire, burst pipes, mean damages and the similar occurrences. But remember a landlord building insurance will not include the loss connected with the contents of your property.
Landlord contents insurance
If you rent a fully furnished building then this coverage is a must for you. It will cover any looses related to the contents of your building. You can also buy limited contents insurance which is applicable for unfurnished or only partly furnished properties.
Landlords Loss of Rent
This is typical insurance for all landlords, which will protect you from the loss of rent. The landlord loss of rent insurance will protect you from the financial losses if your tenants refuse to pay the rent or some other unexpected happenings cause the loss of rent.
Emergency assistance
This insurance is also helpful for the landlords, especially for those landlords who stay away from their rented property. It will minimize your losses by covering emergencies like the failing electricity supplies and cooking facilities, plumbing problems, leaking roofs along with guttering, and damage to doors and windows. Thus, with landlords emergency assistance insurance you will enjoy real peace of mind.
Legal expenses insurance
Legal expenses insurance will minimize your losses by covering any legal expenses associated with recovering costs legally owed by your tenants or to legally evict them or to recover amounts for deliberate or intentional damage by them. Suppose your tenants refuse to pay the rent and you want to take them to the court to collect your owed rent. This policy will pay the “Legal Expenses”.
Thus, as a landlord if you want to ensure your property will continue to be in good working order and also wish to minimize the financial loss and risk you must think of landlords insurance seriously.
We service the San Fernando Valley: Calabasas, Woodland Hills, West Hills, Canoga Park, Chatsworth, Porter Ranch, Granada Hills, Winnetka, Tarzana, Encino, Tarzana, North Hills, Northridge, Van Nuys, Valley Village, Sherman Oaks, Studio City Lake Balboa and MUCH More…