No one needs insurance — until they do!

Insurance can seem like a waste of money, especially if you don’t need to make a claim.

Deciding to "self-insure” (e.g. cover the risk yourself) may sound like a good way to save money, but it’s often a false economy.

You may save a few hundred dollars in insurance premiums, but if something goes wrong at your rental, and you’re left facing a repair bill and the loss of rent, those savings will be wiped out and then some.

Landlord insurance is competitively priced, offers suitable cover for the most common types of risks, and is an investment in peace of mind.

Besides this, you can often claim the premiums as a tax deduction.

Beyond your control

Even the best of tenants can have things happen that mean they can’t pay their rent – unemployment, illness, divorce/separation, death.

The right landlord insurance can help you recoup those losses.

RealRenta has all the tools that a property manager has, but less than ¼the cost of a property manager.

Join now and the cost is less than a cup of coffee a week to manage your rental property

RealRenta also has a free vision, so why not check it out

Jason Gwerder
Wednesday, 2 February 2022

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