{"id":31,"date":"2022-07-29T04:00:00","date_gmt":"2022-07-29T10:00:00","guid":{"rendered":"https:\/\/www.brentyoungagency.com\/blog\/?p=31"},"modified":"2022-08-08T10:01:18","modified_gmt":"2022-08-08T16:01:18","slug":"im-a-landlord-do-i-need-commercial-insurance","status":"publish","type":"post","link":"https:\/\/www.brentyoungagency.com\/blog\/im-a-landlord-do-i-need-commercial-insurance\/","title":{"rendered":"I\u2019m A Landlord. Do I Need Commercial Insurance?"},"content":{"rendered":"<p><span style=\"color:#000000\">Your first task as a landlord is to ensure that the property is well-maintained and safe. Keeping your properties safe from potential natural and man-made disasters requires commercial insurance. This can come in the form of a liability insurance policy or an injury, illness, property damage, or other casualty policy.&nbsp;<\/span><\/p>\n<p><span style=\"color:#000000\">Resident homeowners insurance policies can be another option if you&rsquo;re planning on renting out your home but need some extra security. If you&rsquo;re looking to get your insurance details, visit Brent Young Agency LLC in Manchester, CT.<\/span><\/p>\n<h2><span style=\"color:#000000\">Get Personal Insurance&nbsp;<\/span><\/h2>\n<p><span style=\"color:#000000\">As a landlord, you&rsquo;re required to maintain your properties. This means you can&rsquo;t just walk away from a problem and hope it goes away. You have to be upfront about the condition of your homes and make an effort to repair damages as soon as you discover them. It also means you need a plan for not only fixing damage but also replacing lost or stolen property.&nbsp;<\/span><\/p>\n<p><span style=\"color:#000000\">While many landlords take advantage of neighborhood associations and building management associations to provide homeowners insurance, others rely on the state department of insurance to fulfill this responsibility. When you&rsquo;re in the business of renting out your properties, you can usually find insurance coverage in a number of forms. One form that&rsquo;s especially popular among landlords is homeowner&rsquo;s protection insurance.&nbsp;<\/span><\/p>\n<p><span style=\"color:#000000\">If you&rsquo;re an existing landlord and you&rsquo;re looking to add commercial insurance, you&rsquo;ll need to start the process early. The best course of action is to get in touch with an insurance broker in your area or to look into numerous other options.&nbsp;<\/span><\/p>\n<h3><span style=\"color:#000000\">Give Us A Call<\/span><\/h3>\n<p><span style=\"color:#000000\">You can find insurance companies that will work with you on a monthly payment plan, but you&rsquo;ll likely want to make an effort to negotiate a lower rate once you start making claims. If you&rsquo;re ready to get started on your insurance journey, check out Brent Young Agency LLC in Manchester, CT. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Your first task as a landlord is to ensure that the property is well-maintained and safe. Keeping your properties safe from potential natural and man-made disasters requires commercial insurance. This can come in the form of a liability insurance policy or an injury, illness, property damage, or other casualty policy.&nbsp; Resident homeowners insurance policies can [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[6,5],"class_list":["post-31","post","type-post","status-publish","format-standard","hentry","category-commercial-insurance","tag-brent-young-agency-llc","tag-manchester-ct"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Your first task as a landlord is to ensure that the property is well-maintained and safe. Keeping your properties safe from potential natural and man-made disasters requires commercial insurance. 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