Do I Need to Get Theft/Vandalism Insurance for My Rental

[Caleb Rehg]

I am in the insurance process and was wondering if I should get theft/vandalism insurance for my long-term rental.

[Kelly O'Keefe]

In my experience that insurance is well worth the minimal cost. One incident of theft or vandalism could cost you thousands. Having insurance could also protect you from tenants who choose to cause damage while they are leaving, or even come back after they are out of the property to cause trouble