Rental Property Insurance

Rental Property Insurance Information

Austin, Bee Cave,  Lakeway, Dripping Springs, Spicewood, Travis County, Hays County


What is Rental Property Insurance?

Renting out property can be a lucrative business, especially if you own several properties. While residents have certain responsibilities, it is the landlord’s job to protect the property. Rental property insurance covers buildings, fences, sheds and liability risks. Think of this coverage as a blanket that falls over the residents’ renters insurance. With both policies in force, you and your tenants are protected from various financial risks.

What can rental property insurance do for you?

Even though you may not live in your rental properties, you still need to provide a safe environment for your tenants. While rental fees cover regular maintenance, you may face larger restoration costs after a fire or severe storm. Rental property insurance can help pay for those repair bills.

What kind of rental property insurance do I need?

Most rental properties are covered with standard long-term Landlord policies. However, in recent years the popularity of short-term rental properties has grown with websites like Airbnb and VRBO (Vacation Rentals by Owner) and the standard policy does not necessarily cover these short-term rentals. Be sure to contact your insurance agent or go to my blog post to learn more about whether or not you need short-term rental insurance.

Purchasing rental properties is a big investment. Like any business it is important to protect that investment from unforeseen events.

We are ready to help you!

Contact the Luci Temple Insurance Agency today at 512-913-9637 or send us an email, and we can answer any questions you have about rental property insurance. We search our network of insurance providers on your behalf to find the best combination of policy and price.