Rental Property Insurance in New Bern, Morehead
Owning rental property in North Carolina can be a rewarding investment, but it also comes with unique risks and responsibilities. At Amato Insurance Group, we understand the challenges landlords, property managers and real estate investors face in the New Bern, Morehead area and surrounding communities. Our team is dedicated to helping you safeguard your rental properties with tailored insurance solutions.
What Is Rental Property Insurance?
Rental property insurance, also called landlord insurance, is designed to protect property owners from financial losses related to their rental units. Unlike standard homeowners insurance, this coverage addresses the specific risks associated with renting out a property, such as tenant-caused damage, loss of rental income and liability claims.
Key Coverage Options
Rental property insurance policies in North Carolina may include the following:
- Property coverage may cover damage to your building from fire, storms, vandalism, or other covered events.
- Liability coverage may protect you if someone is injured on your property and you’re found legally responsible.
- Loss of rental income may reimburse you for lost income if your property becomes uninhabitable due to a covered loss.
- Optional add-ons may provide coverage for detached structures, equipment breakdown or landlord furnishings.
Who Needs Rental Property Insurance?
If you own single-family homes, duplexes, apartment buildings or other residential rental properties, rental property insurance can help financially protect your investment. Property managers and real estate investors may also benefit from specialized coverage to address the risks unique to managing multiple units or properties.
Why Choose Amato Insurance Group?
Our team has extensive experience working with landlords and property owners throughout North Carolina. We take the time to understand your specific needs and recommend coverage options that fit your properties and budget. Whether you’re new to real estate investing or managing a large portfolio, we’re here to help you navigate your insurance choices with confidence.
Protect Your Investment Today
Don’t leave your rental property exposed to unexpected risk. Contact us today to get started.