Insurance that Rental Properties Need to Have

Dallas real estate management

 

When you own rental property, the coverage of a regular homeowner’s insurance policy is different than the insurance coverage you need for your rental property. One difference is that homeowners also get coverage for the contents of the home, where the Dallas rental management only needs to worry about covering the property for damage. Tenants are responsible for insurance coverage on their personal property. All policies aren’t the same. Specialized RPM is the Dallas real estate management company that offers owners the unsurpassed residential rental insurance coverage with convenience, consolidated for all your properties, and customized for your individual property needs.

 

What our Dallas Rental Management can Offer

 

Our expert managers can help you decide what coverage you need for your investment property. At Specialized RPM, owners have access to 24-hour customer service and claims hotline. Our InvestPro Residential policies mean insurance from a quality carrier with national underwriters and A+ rating.

 

Our policies offer:

  • Vacancy coverage for owners
  • Broad Forms policy that gives wider protection
  • Replacement cost that is better protection than “depreciation cost”
  • Ordinance & Law coverage that includes options for increased coverage
  • Sewer and Drain with $25K for backups and options for increased coverage
  • Additional coverage is available for flooding and earthquake protection

 

What Policies From our Dallas Real Estate Management Cover

 

With policies from InvestPro Residential, rental property owners can enjoy coverage for property damage as well as liability issues. Damage coverage includes replacement coverage, not the typical depreciation deductions. Owners can feel more secure when they are protected with insurance for:

 

  • Texas weather including wind, hail, tornadoes
  • Water damage from sprinklers
  • Theft and Vandalism damage
  • Fire damage from lightning
  • Volcanoes
  • Assault and battery
  • Carbon monoxide, exhaust, and pollution liability

 

Specialized RPM gives investors a clear choice with InvestPro Residential for residential rental property insurance that is customized for each client’s specific needs. Policies can be consolidated for all rental properties in an owner’s portfolio and are conveniently available from the leading Dallas rental property company. Specialized RPM offers a comprehensive list of property management services and insurance coverage options all with the integrity that you have come to expect from our Dallas rental management company. Learn more about our proven process at www.realpropertydfw.com

 

Specialized Real Property Management is not an insurer or an insurance agent and does not engage in the business of insurance.  InvestPro Residential refers to a master liability and property insurance program issued by one or more top-rated insurance carriers under which clients of Specialized Real Property Management can be included as insureds.   The InvestPro Residential master policy is brokered by Swingle Collins & Associates, an independent, licensed Texas insurance agency.  Swingle Collins & Associates is the point of contact for all questions concerning the InvestPro Residential master policy.

The descriptions of the InvestPro Residential coverage are brief summaries only and are subject to the provisions, limitations, and exclusions contained in the actual policy and related endorsements. The information on this website is provided for general informational purposes only and does not include all the terms, coverage, exclusions, limitations or conditions that may be contained in the actual insurance policy. The InvestPro Residential policy itself must be read for those details. A sample policy form can be made available upon request to Swingle Collins & Associates.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *