Just bought a duplex with the idea of renting out a unit and living in the other? Or maybe you've just bought a condo as an income property...
A rental property is a big investment, and as a landlord your need to make sure it is protected. If you are a landlord of a duplex, triplex, condo or any other income property here are some types of insurance coverage you need to consider for your property:
Liability Insurance
Protect yourself in the event that a tenant sues you for slipping on the stairs, wrongful eviction or any other type of claim.
Voluntary Payments for Medical Expenses
If someone on your property is accidentally injured or hurt and requires medical attention, this type of insurance covers medical expenses.
Contents Insurance
Particularly if you rent out a furnished apartment, condo or vacation rental, you need to insure the contents of your property.
Building Insurance
Insure your building against damage caused by vandalism, fire or hail. Make sure that fixtures and other items are covered.
At Ciccarello Assurances, we've been in business for over 50 years, and are experienced in the areas of insurance brokering for commercial properties, homes and automobiles. No matter what your needs, we can find a personalized solution that suits your exact requirements.
Our offices are located in Montreal and Laval, and we can broker coverage for landlords across Quebec. For more information or for a free no-obligation quote please contact us at 514-253-8960. We will be delighted to answer all your insurance questions and help you make an informed decision based on your rental property insurance needs.