7 Tips for Maintaining Good Tenant Relationships A good working relationship with tenants minimizes the likelihood of costly lawsuits and maximizes cooperation with timely rent payments, property upkeep and longer lease terms. Investing the time and money required to maintain and cultivate a positive working relationship with your tenants can be the difference between amicably…
Whether you own a single income property to provide a little cash bump, or you are a full-time landlord with dozens of units to your name, you want to make sure your investment is properly protected.
Landlord Insurance in New Brunswick generally is less about high-rise, but not necessarily less high-maintenance. Your tenants can be hard on your building, and you need to make sure that a slip up by one of them does not erase all the equity you’ve built up in that property all because your insurance was not up to par.
Penthouse Level Coverage, At Basement Apartment Prices
Isn’t this what we all want? As an insurance broker with loads of experience with income property insurance, we shop the marketplace for you to find that all-important combination of value and coverage.
Depending on market conditions and the specifics of your particular property, we can often offer up a number of quote options, and walk you through the differences in coverage for each.
Rental Property Insurance Extras
When it comes to Apartment Building Insurance coverage, it is oftentimes the add-on coverages or “frills” that separate a good insurance policy from a great one. You of course want top-notch coverage for the building itself, ensuring it is covered for just about anything that could happen to it.
General Liability Insurance is also key in ensuring that you are protected from lawsuits that might come from the ownership of your properties. And no realty insurance program is complete without Rental Income insurance coverage so that your hard earned rental cash flow continues on while your building is being repaired or rebuilt. But, did you also know that these more obscure coverage options are oftentimes available as well: