{"id":18,"date":"2023-10-20T04:00:00","date_gmt":"2023-10-20T10:00:00","guid":{"rendered":"https:\/\/www.completelyindependentinsuranceagency.com\/blog\/?p=18"},"modified":"2023-10-30T12:17:15","modified_gmt":"2023-10-30T18:17:15","slug":"why-landlord-insurance-is-always-the-smart-choice","status":"publish","type":"post","link":"https:\/\/www.completelyindependentinsuranceagency.com\/blog\/why-landlord-insurance-is-always-the-smart-choice\/","title":{"rendered":"Why Landlord Insurance is Always the Smart Choice"},"content":{"rendered":"<p>There are tens of thousands of successful landlords in Indiana. Although the state of&nbsp; Indiana doesn&rsquo;t require these business people to have landlord insurance, the smartest landlords always carry it. Policies vary, so it&rsquo;s essential to discuss your coverage needs with your agent at Completely Independent Insurance Agency serving Zionsville, IN.<\/p>\n<h2>Here are some common areas that landlord insurance may cover:<\/h2>\n<h3>Coverage For Tenant Damage<\/h3>\n<p>Malicious tenants may intentionally damage for retaliation against a landlord or simple irresponsibility. Today, addiction to illegal substances is also prevalent, which can lead to violent acts against rental property. Landlord insurance protects owners from these kinds of losses.<\/p>\n<h3>Rent Guarantee\/Loss of Rent<\/h3>\n<p>Some landlord insurance policies protect owners from failure of tenants to pay rent. If some kind of problem arises where a tenant skips several months, landlord insurance may cover that loss until such time as an eviction can be arranged.<\/p>\n<h3>Legal Expenses<\/h3>\n<p>Depending upon the policy, a landlord&rsquo;s legal expenses pertaining to an eviction may be covered. This is a substantial benefit since there are several fees to be paid, including sending the sheriff with the eviction notice and more.<\/p>\n<h3>Landlord Liability<\/h3>\n<p>If a tenant, a contract worker or an employee working for the landlord is injured on the rental property, landlord insurance may cover that liability, even if the landlord is sued.<\/p>\n<h3>Risk of No Coverage<\/h3>\n<p>Without landlord insurance, rental property owners risk losing their investment. Just one instance of tenant damage, rental income loss, or a lawsuit could result in expenses that lead to the necessity of selling off the property to pay for related expenses.<\/p>\n<h3>Consult With Us<\/h3>\n<p>The smartest thing you can do as a landlord is to discuss options with your agent at Completely Independent Insurance Agency serving Zionsville, IN. Contact us today for a consultation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are tens of thousands of successful landlords in Indiana. Although the state of&nbsp; Indiana doesn&rsquo;t require these business people to have landlord insurance, the smartest landlords always carry it. Policies vary, so it&rsquo;s essential to discuss your coverage needs with your agent at Completely Independent Insurance Agency serving Zionsville, IN. Here are some common [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[7,6],"class_list":["post-18","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-completely-independent-insurance-agency","tag-zionsville-in"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.completelyindependentinsuranceagency.com\/blog\/wp-json\/wp\/v2\/posts\/18","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.completelyindependentinsuranceagency.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.completelyindependentinsuranceagency.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.completelyindependentinsuranceagency.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.completelyindependentinsuranceagency.com\/blog\/wp-json\/wp\/v2\/comments?post=18"}],"version-history":[{"count":1,"href":"https:\/\/www.completelyindependentinsuranceagency.com\/blog\/wp-json\/wp\/v2\/posts\/18\/revisions"}],"predecessor-version":[{"id":19,"href":"https:\/\/www.completelyindependentinsuranceagency.com\/blog\/wp-json\/wp\/v2\/posts\/18\/revisions\/19"}],"wp:attachment":[{"href":"https:\/\/www.completelyindependentinsuranceagency.com\/blog\/wp-json\/wp\/v2\/media?parent=18"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.completelyindependentinsuranceagency.com\/blog\/wp-json\/wp\/v2\/categories?post=18"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.completelyindependentinsuranceagency.com\/blog\/wp-json\/wp\/v2\/tags?post=18"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}