Poway Rental Property Insurance
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The Your Good Insurance team will help you understand the complex business of getting the right rental property coverage.
Typically, our team will write your home insurance for a rental home policy in Poway under a form of insurance called DP3. “What does that mean?” you may be asking. Well, “DP” stands for Dwelling Protection and “3” equates to you holding coverage for water damage if a faulty pipe springs a leak. Sometimes due to your location or various circumstances, we will also write a DP1. This is solid protection, but doesn’t include coverage for water damage.
One of the key reasons for holding the right coverage for a rental property is that, say for instance you have an HO3 policy – it doesn’t include OLT liability on the property. OLT stands for Owners, Landlord, and Tenant. This protects you against any unforeseen accident that may occur on your property. It is wise to have as much coverage for liability as you can afford in today’s word when leasing a property to a third party.
Your Good Insurance Agency has the absolute lowest rates on Poway DP3 Dwelling Protection for 92046 and 92074. Additionally, we’ll investigate into whether you are eligible for various discounts including mature homeowner, protective device, and multi-policy.
When you want great coverage and a cost-effective rate call our team at 800-889-9242, and we can get your rental insurance policy in place immediately!
Many of our best customers have started out with a rental property, and we saved them so much money they had us help them with their homes and autos. Definitely call our team to learn how you can save on all types of coverage. Chances are we’ll save you a bunch of money each year!