You put plenty of time and effort into keeping your unit generating the income you need to repair and maintain it as well as doing things like interviewing and negotiating with potential tenants. But you still need the right coverage to protect your valuable investment.
As a landlord, you’ll need your own building or condo policy to insure your asset in the event of a fire or serious water damage loss. But how do you know if it’s enough coverage? We’ll make sure your building is insured to its replacement value and the landlord’s contents and rental income is covered too. In cases where neighbouring units or buildings are damaged as a result of the situation, those affected may look to you, the owner, to cover their losses.