Condo Insurance Rental Property at Car Insurance

Condo Insurance Rental Property. From condos and apartments to entire houses, rent your property out in confidence with tailored insurance. Condo insurance is an insurance policy purchased by the condo owner that helps cover costs associated with property damage to the unit or loss of personal belongings.

Homeowners Insurance Vs. Rental Property Insurance
Homeowners Insurance Vs. Rental Property Insurance from coastalinsurancesolution.com

Do you have the right coverages in place? The average cost of landlord insurance is about $900/year for a house and $400/year for a condo/apartment. You may be eligible to increase or decrease your deductible amount, which may impact your insurance premium.

Homeowners Insurance Vs. Rental Property Insurance

Loss of rents coverage : This is the standard type of insurance used for a property rental. Condominium insurance (ho6 insurance) is for landlords is different in that it offers special coverages for those who rent out their properties to tenants. If you are renting an apartment or house you may need renters insurance coverage.