{"id":22,"date":"2022-03-30T04:00:00","date_gmt":"2022-03-30T10:00:00","guid":{"rendered":"https:\/\/www.armadilloinsurance.com\/blog\/?p=22"},"modified":"2022-04-12T11:55:28","modified_gmt":"2022-04-12T17:55:28","slug":"a-beginners-guide-to-landlords-insurance","status":"publish","type":"post","link":"https:\/\/www.armadilloinsurance.com\/blog\/a-beginners-guide-to-landlords-insurance\/","title":{"rendered":"A Beginners Guide to Landlords Insurance"},"content":{"rendered":"

If you own a residential property you are renting in Austin, TX, do not assume that your homeowner’s insurance will cover all costs associated with a disaster, accident, or other damaging incidents. It’s highly likely that your homeowners’ insurance policy will only cover owner-occupied homes. As soon as the room is rented out, the coverage no longer applies, and the landlord is responsible for 100% of the costs associated with damages. Luckily, landlord insurance is able to help and includes three key components. Armadillo Insurance Agency can assist you with the details.<\/p>\n

\nCoverage Provided By Landlords Insurance <\/h2>\n
    \n
  1. Property Damage: <\/strong>This coverage kicks in when your rental property or furnishings are destroyed or damaged in a covered incident such as a fire, natural disaster, electric\/gas issue, vandalism, or irresponsible tenants. When searching for a landlord insurance policy look for one that offers replacement cost protection instead of the actual cash value to protect you best. <\/li>\n
  2. Lost Rental Income: <\/strong>If your rental property becomes uninhabitable because of a covered incident, this coverage offers rental reimbursement to cover the rent money you typically receive if tenants are living in residence. <\/li>\n
  3. Liability Protection: <\/strong>Covers the legal and\/or medical costs if a tenant or visitor is injured at your rental due to a property maintenance issue or neglect. <\/li>\n<\/ol>\n

    In addition to the three core pieces identified above, landlords have the option to purchase additional coverage for extra peace of mind. The most popular of these add-ons include guaranteed income insurance whereby, if the tenant fails to pay rent or pays less than the amount owed, this policy will cover the difference.<\/p>\n

    Give the Armadillo Insurance Agency a call for more information on landlord insurance in Austin, TX. We’ll take the time to answer all your questions and customize a policy that best meets your needs. <\/p>\n","protected":false},"excerpt":{"rendered":"

    If you own a residential property you are renting in Austin, TX, do not assume that your homeowner’s insurance will cover all costs associated with a disaster, accident, or other damaging incidents. It’s highly likely that your homeowners’ insurance policy will only cover owner-occupied homes. As soon as the room is rented out, the coverage […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[8,7],"class_list":["post-22","post","type-post","status-publish","format-standard","hentry","category-landlord-insurance","tag-armadillo-insurance-agency","tag-austin-tx"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.armadilloinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/22","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.armadilloinsurance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.armadilloinsurance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.armadilloinsurance.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.armadilloinsurance.com\/blog\/wp-json\/wp\/v2\/comments?post=22"}],"version-history":[{"count":1,"href":"https:\/\/www.armadilloinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/22\/revisions"}],"predecessor-version":[{"id":23,"href":"https:\/\/www.armadilloinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/22\/revisions\/23"}],"wp:attachment":[{"href":"https:\/\/www.armadilloinsurance.com\/blog\/wp-json\/wp\/v2\/media?parent=22"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.armadilloinsurance.com\/blog\/wp-json\/wp\/v2\/categories?post=22"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.armadilloinsurance.com\/blog\/wp-json\/wp\/v2\/tags?post=22"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}