{"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":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"There are tens of thousands of successful landlords in Indiana. 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