Protecting Your Assets.
Owning a rental property can be a great asset. A steady stream of rental income is a great thing to have, and great tenants are always a plus. One of the easiest ways to find great tenants is to properly and constantly maintain and update your home. This is just a responsibility that comes with being a landlord. One of the ways you can protect and maintain your rental property is by having proper insurance on it.
Connect with one of our experienced advisors to find out how affordable good coverage can be.
Products & Coverages
Dwelling
This is your primary residence building itself. But your home isn’t just four walls and a roof. Any permanently installed outdoor equipment on your property, including outdoor swimming pools, are also protected under your Dwelling limit.
Belongings
Your ‘stuff’ is a huge part of your life! With protection on your belongings, both functional items (like your dishwasher and lawnmower), as well as your comfort items (like your awesome couch, and big screen TV), you can rest easy knowing that in the event of a loss, your insurance will replace or repair your belongings.
Service Line Coverage
You are responsible for the water and sewer lines that connect your home to the municipal system. If they rupture or need to be replaced under your property line, you are responsible for the repair cost. The cost to dig up your yard, repair/replace the damaged line, and put your yard back together again can run into the thousands! By putting Service Line Coverage on your home insurance, your policy will help cover these costs.
Water Protection
If you’ve never experienced a sewer back-up or overland water claim, go knock on your neighbour’s door, odds are they have. Water claims are more common in Saskatchewan than fire claims, and can cause thousands in damages! Ask your advisor about how you can protect yourself against water damage.
Liability
No one likes to imagine being sued. But accidents happen, and if one does occur and you’re deemed negligent, you could find yourself with a hefty settlement. Liability automatically comes with your home insurance, but reviewing your coverage with an advisor to make sure you’re properly protected is essential.
When you invest in a rental property, it’s always important to protect that investment. Let’s protect what matters most to you.
Mortgage Insurance
Do you have a mortgage? If so, you were likely offered life, disability and critical illness protection on your loan. Did you purchase it? Well that’s okay, most people do! The buying process of a home can be complicated, and it’s easy to be overwhelmed by it all. We want to make sure that you’re protected by a policy that best fits your life, your needs, and your preferences!
Don’t settle for the same cookie cutter policy they offer every type of client. Take 10 minutes to review your situation with one of our Life & Benefits advisors and make sure you are properly protected!