Coverage for your rental house(s) at an economical cost. The policies provide for a wide variety of causes of loss. For instance, your policy will provide coverage if your tenant maliciously damages your rental house. In most cases, all of your rental houses can be placed on one policy for ease of billing and payment.
Our Equipment Breakdown coverage broadens your policy and covers against loss by mechanical or electrical breakdown that was previously excluded.
Typical loss for your rental home:
Imagine the air-conditioning system in the home quitting during a heat wave. The repairman informs you that the compressor had an internal failure and needs to be replaced. Most rental policies won’t cover this, but with our Equipment Breakdown addition, you’ll be covered. We’ll pay for the repairs, less the deductible.
Some restrictions and exclusions do apply. See policy for exact coverage description.
What does this coverage cost?
$25 annually (no matter how many dwellings), and a deductible of only $500 (no matter your policy deductible)