What is Tenant Dwelling Insurance?
Tenant dwelling insurance is designed to protect property owners who rent their holdings to other people as primary residences. Landlords face unique and significant liabilities and risks in making their properties available to tenants. Tenant dwelling insurance, which is also called “landlord insurance,” isn’t required by Alabama law, but property owners nevertheless have certain legal responsibilities to their tenants.
Landlord Obligations? Covered with Insurance Express Tenant Dwelling Insurance
If you’re a landlord, tenant dwelling insurance will help you satisfy your legal obligations to people renting your property if unexpected disaster or accident befalls. Your rental holdings represent a significant investment on your part and landlord insurance is a must for protecting it.
Tenant Dwelling Insurance Tailored to Your Needs
When you purchase tenant dwelling insurance from Insurance Express, you have considerable flexibility in regard to customizing the coverage. An important part of our job is helping you understand all the aspects of proper coverage. We’ll review all your individual risks and liabilities with you and fully address all your questions. We want you to make educated decisions regarding suitable coverages for you, your properties and for all your tenants.
What Does Tenant Dwelling Insurance Cover?
As previously stated, landlord coverages and their amounts can fluctuate from one policy to the next. That said, a number of coverages are commonly included in tenant dwelling insurance:
Alabama Tenant Dwelling Insurance Building Coverage
Building coverage protects various buildings and structures on the property itself. In addition to tenant buildings, other covered structures can include:
- Storage buildings
- Swimming pools
- Retaining walls, and other structures
In addition, building coverage also protects any of the landlord’s personal property he/she may use to maintain and/or service the property.
Tenant Dwelling Insurance Liability Coverage
Liability coverage protects you, the property owner, from liability claims arising due to bodily injury and property damage suffered by tenants in Alabama.
Tenant Dwelling Insurance Loss of Income Coverage
It’s quite possible that, in an emergency, you could be obliged to temporarily suspend operations of your rental property. If that happens, loss of income coverage reimburses the property owner for lost income during said closure.
Tenant Dwelling Insurance Equipment Breakdown Coverage
Equipment breakdown coverage reimburses the property owner for damages to insured property caused by mechanical failures of insured equipment.
Tenant Dwelling Insurance Tenant Move Back Coverage
If an insured event forces you, the landlord, to temporarily relocate tenants to alternate lodgings, tenant move back coverage helps defray the cost of moving them back home after the property is again deemed livable.
Tenant Dwelling Insurance Heating or Air Conditioning Loss Coverage
Heating or air conditioning loss coverage reimburses the landlord for payments made to a tenant if a mechanical failure causes complete loss of heating or air conditioning in a tenant residence.
For a Free Quote on Tenant Dwelling Insurance, Contact Insurance Express, LCC.
If you’re shopping for landlord insurance/tenant dwelling insurance Alabama or Mississippi we’d be thrilled to hear from you! As an independent Alabama insurance agency, we partner with numerous landlord insurance carriers. Why is that important? All those partners give us the capacity to save you the hassle and inconvenience of shopping around for insurance coverage. We’ll do it for you! We proudly serve all of Alabama & Mississippi, with a primary focus on Choctaw, Washington, Marengo, Sumter and Clarke counties, including the cities of Gilbertown, Butler, Silas, Millry, Chatom.
At Insurance Express, we are passionate about proper tenant dwelling insurance coverage. We believe that our professional responsibilities are not to a corporation, but clients. We don’t work for the insurance industry. We work for you! If you’re ready to start a new friendship with a landlord insurance agency in Alabama that cares, call Insurance Express, LCC. today at (251) 843-2299. Or for a free online tenant dwelling quote, just fill out the" Request a Quote" form on our Contact Page. We look forward to hearing from you!