Owning rental property along the Grand Strand is a smart investment, but it also comes with risks. From hurricanes to tenant accidents, landlords face challenges that standard homeowners policies do not fully cover. That is why a dedicated landlord dwelling insurance policy is essential for property owners in Myrtle Beach, North Myrtle Beach, and Conway.
Why You Need Landlord Insurance
A landlord policy provides protection for property owners who rent out homes, apartments, or condos. Unlike homeowners insurance, this coverage is designed to protect you against risks specific to rental properties. It can cover physical damage from fire or severe weather, loss of rental income, and liability expenses if a tenant or guest is injured on your property.
Coverage Options for Landlords on the Grand Strand
When building a landlord insurance policy, you can choose from several important coverage options:
- Property Coverage: Protects your rental property against damage from fire, vandalism, or storms.
- Loss of Income: Reimburses you for rental income lost due to a covered claim, such as fire or storm damage.
- Liability Coverage: Protects you from lawsuits, medical payments, or legal costs if someone is injured on your property.
- Optional Coverage: May include rent guarantee, disaster protection, content insurance, or employer liability coverage.
With the right combination of coverages, you can protect your property, income, and financial future.
Local Experts for Coastal Property Risks
At Moore & Associates Insurance, our professional agents understand the risks landlords face in Myrtle Beach, North Myrtle Beach, Conway, and across the Grand Strand. We compare policies from top-rated carriers to create cost-effective solutions that fit your needs.
📞 Call us today at 843-839-5076 to learn more about landlord dwelling insurance and get a personalized quote for your rental properties.