On June 26, 2012
By Jerad Dennis
In allstate agent kent wa, Landlords Insurance Coverage Kent WA
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Landlords insurance doesn’t cover everything

Landlords insurance coverage is meant to protect a rental property from accidental and sudden losses. However, there are some losses that aren’t covered.

Breakdowns in the rental property covered?

Most landlords insurance coverage will not cover basic maintenance repairs. For example, if your hot water tank cracks, your coverage most likely will not help to replace the hot water tank. (But it might help pay for the damage to your floors.)

Personal property covered?

The items owned by your tenants, such as their furniture, clothing, electronics and other personal
belongings, aren’t covered under most landlords insurance policies. You may want to
advise your tenants purchase Renters Insurance to cover their personal belongings
in case of a loss.

Also, damage due to vandalism caused by a tenant is not typically covered by the Landlords Insurance Policy, unless you purchase additional Vandalism coverage, and the damage is within the policy limits.

Floods, earthquakes and water backups covered?

Typically, floods, earthquakes and water (sewer) backups are excluded from most landlords
insurance policies. To find out more about Flood Insurance and what options are available in the State of Washington Click HERE.