We recommend all landlords take out a Landlord Insurance policy relating to tenant-related losses such as unpaid rent, tenant damage, tenant eviction and related vacancy costs, they are relatively inexpensive and can be a tax deduction against your investment property.
Although we hold a bond for each tenancy, we also highly recommend Landlord Insurance for the more expensive and extensive issues that may arise that a bond simply won’t cover the cost of.
When considering a policy ensure it covers adequate loss of rent and damage, flood, meth labs etc.
In some circumstances, your building cover may not include coverage for lights, carpets and window coverings.
Louell Property Group can provide you with insurance quotations from the following providers:
With the company being founded in 2011 under a different brand, 2017 saw the birth of Louell Property Group.
As Louell Property Group, we’re the only boutique independent agency in the immediate area.
This gives my team unmatched agility to adopt cutting edge tools, technology and marketing techniques that others can’t.
Investors and tenants will all enjoy better service under the Louell Property Group brand. We deliver greater transparency and control over the information you need to make informed property decisions.
One thing remains the same. We’ll continue to treat our clients’ homes as we do our own – with care, respect and long term vision.
Your property needs have never been in better hands.