Best Landlord insurance for long term rentals

[Alyssa Magyar]

I may have the opportunity to rent out my furnished rental long term. What is the best landlord insurance and umbrella policy to use? Looking for specific companies and coverages that would best protect myself. thank you!

[Charles Carillo]

@Alyssa Magyar

It really depends on where the properties are located; their age and their condition. I would speak to your independent insurance agent to have them find the best solutions and then you can review their coverage and reviews etc. A 60 year old property and a 10 year old property; will most likely not find the best rates at the same insurance company. I have had properties only 300 yards apart that were insured by different companies because different companies have different risk tolerances (and prices) for one reason or another.