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What is Residential Landlord Insurance?Landlord Insurance Cover protects the landlord from many unforeseen circumstances. As a landlord renting out a valuable piece of property for rent means risks are involved. To tackle these risks a Landlord Insurance Cover properly chosen can help a Landlord in case of a mishap to a great extent. The cover is applicable when a fire breaks out. It not only covers the repair costs that are incurred but a lot more is there in the policy that benefits the landlord. The rent that is missed out during such a mishap too is compensated by the insurer since the tenants cannot occupy the place when repairs are being done. Even in the case of a fall out with the tenants and the tenants do not pay or leave the property the landlord still gets his income i.e. the rent through the insurer since the policy covers the landlord in case of such an even taking place. The cover also might include civil commotion, earthquake, falling trees, storm and other natural calamities, vandalism and theft. Loans- Frequently Asked Questions
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