Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Landlord Insurance for Professional Tenants

By Nathan DeBoon Subscribe to RSS | February 6th 2012 | Views:
loading
 
  



Landlord Insurance is a type of insurance that you can get when you want to protect a property that you have rented out. This type of insurance can protect you from any cases of damage to the property from perils such as escape of water, escape of oil, flooding, theft or attempted theft and many more.

The most common type of tenant that a landlord’s property is rented out to is a working or professional tenant. Many people get confused with this as they assume that a professional person has to be someone in a professional trade such as a doctor or a dentist or a lawyer or something like that, however the insurers tend to feel that a professional person is someone that is employed in any job.

There are certain insurers that will give you large discounts if you have a professional tenant and there are also certain insurers that will only cover professional tenants and therefore will not be able to cover a property that is rented out to either students or to tenants that are on benefits.

There are a few reasons why insurers prefer and therefore give cheaper premiums to properties that are rented out with professional tenants in them. The working tenants are less likely to damage the properties as they are probably near there work and the last thing they need is to get in trouble for maliciously damaging the property and end up either homeless or with a criminal record to take to their work, also there is probably going to be no trouble with rent payments or things like that from a working tenant compared to either a student or someone who is on benefits.

Some insurers offer things that you can only get with working or professional tenants, for example some will offer you Accidental Damage for free if you have professional tenants, whereas some others will include things such as malicious damage by the tenant for a working tenant when they will not cover that peril at all for any other type of tenant within the rented out property.

Although professional tenants are the best case scenario where insurers are concerned there are obviously still a lot of students and tenants on benefit that need houses as well and this is not an article that is designed to put you off those particular tenant types but just to let you know the status of the different tenants that you can possibly rent the property out to.

Nathan DeBoon - About Author:
For more information you can visit this website that deals with all things to do with Landlords Insurance

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/insurance-articles/landlord-insurance-for-professional-tenants.htm

Related Insurance Articles Subscribe to RSS

Awesome car insurance is in North Carolina
Published by Alabamaauto Insurances on January 17th 2012 | Finance
Just like the case is in many other states, it is imperative to have auto insurance North Carolina i...
 
Using cheapest car insurance quotes to find the cheap car insurance
Published by Robmichae on March 16th 2012 | Insurance
Finding the cheap car insurance includes obtaining cheap insurance quotes to assist an individual to...
 
All new drivers should be conversant with laws regarding auto insurance!
Published by Jerry on March 10th 2012 | Insurance
When you are a first time car owner or buyer, there are usually many things that you may need to edu...
 
Alfa Romeo Mito Car insurance this is vital for you
Published by Kaisar on January 2nd 2012 | Insurance
If you are drive the Alfa Romeo Mito so this is your responsibility hurry get the Alfa Romeo Mito Ca...
 
Facts about car insurance comparison website
Published by Jameshaven on March 16th 2012 | Insurance
If an individual is looking to buy car coverage, he would indeed need various quotes to estimate and...
 
Simplest method of finding commercial insurance quotes
Published by Andrew Edwards on May 16th 2012 | Insurance
Looking for commercial insurance but not getting satisfactory response from companies...
 
Manage your business effortlessly with commercial insurance
Published by Andrew Edwards on February 16th 2012 | Insurance
If you are running a business either it is large or small, then you will understand the importance...
 
Why to get mobile phone and iPad insurance
Published by Ashish Pandey on February 7th 2012 | Finance
Getting mobile phone insurance or iPad insurance can be a great tool to avoid unnecessary expense an...
 
Cost-effective commercial general liability insurance policy
Published by Andrew Edwards on April 11th 2012 | Insurance
A commercial insurance plan is the one which holds your company firm even in unfavorable conditions...
 
Importance of getting life and medical insurance while residing in Dubai
Published by Andy Robert on January 22nd 2012 | Insurance
There are many insurance policy companies operating in UAE. The life style of residents of Dubai dem...
 
Auto insurance: a must for everyone!
Published by Jerry on March 13th 2012 | Insurance
These days, the demand for auto insurance is quite high. People usually buy auto insurance right aft...
 
Benefits of car insurance comparison sites
Published by Geenadavis on February 25th 2012 | Insurance
In spite of what type of insurance an individual is seeking, it is always a wise idea to do some car...
 
Where to find cheap van insurance?
Published by Carleson on December 8th 2011 | Insurance
Is finding suitable as well as cheap van insurance driving you crazy? Don’t worry, this article ma...
 
Musical insurance lets you compose music with a free mind
Published by Michel Jordan on March 22nd 2012 | Insurance
The above write-up states the benefits of choosing a musical insurance provider to cover valuable eq...
 
My cheap car insurance- your ticket to a perfect insurance policy
Published by Harrisonford on April 12th 2012 | Insurance
Companies offering cheap car insurance policies have become very important. Unemployed people or peo...
 
Cheaper van insurance – ways to find the best deal
Published by Robmarshall on March 28th 2012 | Insurance
Whether you have a larger vehicle or a smaller vehicle, you will definitely have to buy an insurance...
 
Importance of insurance coverage while comparing car insurance
Published by Geenadavis on April 21st 2012 | Insurance
You might be paying huge amount of money for your car insurance and now you have realized the truth ...
 
Maine- Just where to get the best auto insurance
Published by Insuranceindian Aauto on January 14th 2012 | Finance
If at all you are seeking auto insurance in Maine, then auto insurance Maine is the best option for ...
 
Participate careful game by choosing authentic Car insurance quotes
Published by Carolina James on December 9th 2011 | Insurance
The instant you are planning to make your purchase it is certain that you should to make your select...
 
Effects of higher business insurance rates on financial system
Published by Andrew Edwards on February 2nd 2012 | Insurance
We all necessarily buy business insurance plan for the company...