Recommended Partner: Insurance Designed for Landlords
Consider working with our partner, Steadily, for your Landlord insurance. They specifically work with real estate investors and can shop your policy for the best deal. They also automatically put all the safeguards you need to protect your investment. Here are some things they can help with:
- Fire: Modern safety codes have greatly reduced fire occurrences. However, when fires do occur, they often result in total destruction of the property.
- Water Damage: Broken pipes and appliance leaks are prevalent and often result in the most expensive damage to rental properties.
- Windstorms, Hail, & Lightning: There has been an increase in roof damage from storms due to the rising intensity and frequency of these events over the past two decades.
- Lawsuits: Liability protection covers the cost of defending and settling claims for injuries tenants and guests may sustain on your property.
- Vandalism & Theft: Known as malicious mischief coverage, this covers the cost of repairing damages such as broken glass, graffiti, and replacing stolen or damaged property like communal washing machines.
- Riot and Civil Commotion: In the event of violent protests, riot coverage can pay for property damage caused by looters and protesters.
- Personal Injury: Injury protection helps cover the cost of medical bills if a tenant or visitor is injured on the property.
- Bonus Coverages: Additional coverage options include protection against various other perils such as riots or civil commotion, explosions, volcanic eruptions, and vehicle-caused damage.
Steadily offers a broad range of coverage options, including property damage, liability, and loss of rent. Their competitive rates and potential for discounts (e.g., for managing multiple properties or implementing robust tenant screening practices) make them a financially appealing choice. The online quote process is efficient, and they are known for a responsive and helpful customer service team.
Steadily Landlord Insurance is a service provider that specializes in covering rental properties from a variety of threats, such as fire, theft, and vandalism, among others. It also includes liability coverage should a tenant suffer an injury within your property. Regardless of the scale of your real estate investments, Steadily offers affordable and straightforward policies, ensuring you understand exactly what you're purchasing.
- Competitive Rates: Steadily provides services at prices that match or beat their competitors' prices.
- Online Quote Process: Their quote process is swift, secure, and entirely online, for your convenience.
- High Customer Satisfaction: Customers rate their experiences with Steadily highly on platforms such as Trustpilot.
- Nationwide Availability: Regardless of your location within the U.S., Steadily is accessible to you.
- Customizable Coverage: Policies can be tailored to suit your specific needs.
- Affordable Landlord Insurance: Steadily prioritizes offering economical solutions for landlords.
- No Multi-Policy Bundling: Steadily does not offer the option to bundle multiple policies.
- No Coverage for Tenant's Property: Damage to a tenant's property is not covered.
- Relative Newcomer: As a recent entrant into the market, Steadily lacks the long-standing experience of more established firms.
*Full disclosure, Ready Realty may be compensated if you choose to purchase insurance through Steadily.