Rental Property Insurance
If you’re a landlord in Texas, property insurance from Murray Insurance & Financial will protect your financial well-being if your rental property is damaged.
Do you own a rental property in Texas? Property insurance is a policy covering the property owner/landlord from financial losses associated with their rented property. Rental properties are major investments and can be valuable sources of income. Would you remain financially stable if the building you own were damaged or if a tenant was injured on your property? For landlords in Texas, property insurance is an essential tool that can protect you in such situations.
As a landlord, you need to be aware that your homeowners insurance policy does not protect your rental property. It is important to also carry rental property insurance. Murray Insurance & Financial will help you select the best possible rental property coverage available.
If you’re a landlord in Texas, property insurance from Murray Insurance & Financial can protect you against risks such as:
- Damage to your property
- Damages you could be legally obligated to pay
- Legal counsel and fees
- Up to 12 months of lost rental income
Typically for landlords in Texas, a property insurance policy will offer coverages for only the building – with the option to add protection for the contents within the building. If you have furnished the interior on your own, including the additional coverage is a wise decision. Otherwise, most landlords will leave this responsibility to the tenants.
If you have any questions about the type of rental property insurance that’s right for you, don’t hesitate to utilize the knowledgeable agents at Murray Insurance & Financial as a resource. You can reach us as 877.774.7459 or by simply filling out the form on this page.