Texas Investment Property Insurance
For some property owners in the Coppell, Lewisville, Lewisville, Grapevine and Irving areas, Texas investment property is their sole source of income, while for others it forms a welcome addition to a regular salary. But no matter how much money it generates, an investment property can pose a serious financial risk if it’s not adequately insured. That’s why property insurance, which is often also referred to as landlord insurance, is an essential part of any investment property owner’s portfolio.
Though renters’ insurance covers damages to tenants’ property due to theft, fire and other calamities, it doesn’t cover any damages to the structure itself. That means that if you own an office building, the financial responsibility to repair or replace the structure lies with you. And that’s where Texas investment property can offer you essential protection. It can provide coverage for damages due to vandalism, theft, water, wind, fire, and other named or unnamed calamities. In addition, you can choose an insurance option that covers financial losses due to loss of income when a building cannot be leased due to repairs. It’s clear: the right investment property insurance can save you tens, or even hundreds of thousands of dollars!
For years, the Select Insurance Agency has provided the most competitive insurance rates and comprehensive coverage for local investment property owners. Because we’re an independent agency, we’re able to review rates and packages from multiple insurance carriers and select the best ones to offer our clients. We offer free quotes and help you compare them so you can make an informed choice. And because we’re a local company, our highly knowledgeable staff is always accessible to explain policies and answer any questions that may arise. Contact the Select Insurance Agency today to receive your free investment property insurance quotes!