A Special Landlord’s Insurance Policy for Your Rental
Single-family home, duplex, 2-on-1, tri-plex, four-plex, condo, townhouse or an apartment building. If you are renting it out, you need special insurance – and a standard homeowners insurance policy just won’t cut it. Save money with a landlord insurance policy shopped with multiple California carriers.
When choosing an insurance carrier, having choices is a good thing.
Our savings specialists do the legwork for you to shop coverages and rates.
Enjoy competitive rates shopped professionally by your personal agent.
Your Personal Insurance Guide
Insurance rating, coverages and policies can leave anyone scratching their head.
You don't have to go it alone. We're here to help make it easy.
The right coverage at the right price is our only destination.
Do You Have Enough Coverage to Rebuild Your Rental Property?
We take this dwelling insurance issue to heart, and work with you to explain your options, so you understand exactly what you have. And we do our homework to try to make sure that you have enough coverage, always helping you to find the fine line of not being under or over insured.
What About Earthquake, Flood, or Umbrella Insurance?
Both earthquake and flood are excluded causes of loss under all home insurance policies. You will need to insure these exposures with a separate insurance policy that specializes in protecting you from these catastrophic events. We represent multiple insurance carriers that specialize in earthquake and flood insurance.
And yes, McKenna Insurance Services also offers umbrella / excess liability insurance policies to guard you from the financial damages that exceed the liability protection you have under your auto / homeowners insurance policy.
Honestly, you never know what is going to happen, and you’re better safe than sorry purchasing these valuable insurance products. This protection can mean the difference between having a bad day, and having to go bankrupt.
Difficulties in Getting Coverage for Your Rental
The biggest difficulty in obtaining rental property insurance is that the majority of insurance companies require that you insure your primary home with them in order to get a Landlord’s Rental Property Policy.
McKenna Insurance Services can help. Not only do we have multiple insurance carriers that will insure your rental without insuring your primary dwelling, but we usually can get you better coverage for less money than you could get elsewhere.
Why Can’t I Just Get A Regular Homeowners Policy?
Right off-the-bat, the answer is that insurance company underwriting guidelines don’t allow it – and for good reason. The standard homeowners insurance policy was designed to cover the risks of a home owner that resides in the insured property.
One of the biggest reasons to get a Dwelling Fire Policy (Landlord’s) is that there is no liability coverage under a standard homeowners insurance policy when the dwelling is rented out on a full time basis. Ouch – this difference alone can create some huge liability risks that we’re sure nobody would want to knowingly retain.