Protecting your Milton rental properties from financial loss and damages is a top priority. Accidents, weather damage, third-party injuries, and liability claims can all be costly for landlords to fix, especially if it escalates to a lawsuit.
Insurance Hero helps landlords in Milton protect their investments and mitigate financial risk from unexpected events. We partner with Canada’s leading insurance companies to protect your rental properties at affordable rates. Our comprehensive policies also protect detached structures, landlord belongings, and equipment on the rental property.
Are you ready to purchase affordable, comprehensive landlord insurance in Milton for your rental properties? Fill out our online form or call us at 1 (855) 777 4376 for a free quote today.
Landlord Insurance for Milton Homeowners
Regardless if you own one or multiple rental properties, it’s important to ensure they’re all protected against financial loss from unexpected events. Landlord insurance is essential because your standard homeowner’s policy only covers your primary residence.
Landlord insurance protects your rental properties and their detached structures from financial loss and liability caused by accidents or third-party injuries and property damage. This means the sheds, fences, landscaping equipment, garages, as well as your personal furniture in any of your rental properties is covered.
If there are damages caused by floods, fires, theft, or vandalism, landlord insurance covers you. Landlord insurance also covers loss of rental income and liability claims if you’re sued by a tenant or third party for injuries and property damage.
As a landlord, you can request tenants to purchase tenant insurance to protect their belongings. Having landlord insurance is still important to ensure your property and belongings are safe while the tenants rent from you.
Want landlord insurance in Milton without the high premiums? Contact Insurance Hero today with our online form or call us at 1 (855) 777 4376.
Property Types and Uses for Rental Property Landlord Insurance for Milton Homeowners
There are several types of landlord insurance based on the rental property you own. You can speak with an Insurance Hero landlord insurance specialist to discuss which type of landlord insurance you need.
Rental property landlord insurance is the standard landlord insurance policy for Milton homeowners. It applies to rental units in your primary residence, such as a basement, or separate rental properties that you lease out to a tenant.
Condo rental insurance applies when you rent out a condo unit that you have purchased.
Apartment buildings rental insurance applies to any rental structure you own with seven or more rental units.
Commercial property landlord insurance is for landlords that lease out properties for commercial purposes, such as a warehouse, storage space, or office.
Unoccupied dwelling landlord insurance applies to vacant units you own.
Student rental unit insurance applies to properties that are rented out to students.
Short-term rental landlord insurance is for properties you rent out for short periods or periodically, such as a cottage or Airbnb.