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Is It A Good Idea To Buy Umbrella Insurance For Your Rental Property?


Injuries and accidents can be unavoidable, especially if you rent out your property. Whether or not the landlord himself causes it or if a guest or the tenants directly cause it, you have to be prepared for the worst when it comes to accidents or injuries within your property.

Finding the Answer

The answer to the question is yes. While landlord liability insurance can protect you against injury claims to a certain extent, it doesn't cover everything. It would be best to get umbrella insurance to extend your existing landlord liability insurance coverage points and protect yourself from additional expenses.


Aside from this, umbrella insurance will also help cover additional expenses if property damage is caused by tenants or property squatters. It can be advantageous to use for landlords and property owners in general.

Additional Advantages

Here are some additional advantages of getting Umbrella Insurance:

It Offers Multiple Property Coverage

First of all, you will be able to cover multiple rental properties with one umbrella insurance policy. This is because umbrella insurance surely is not a specific policy. It doesn't adhere to definitive rules exclusive to one insurance policy type.

Many Factors Can Affect Umbrella Insurance

Secondly, the factors affecting your umbrella insurance policy range from your property to the location and deductibles. So if you want to update your existing policy or get one of your own, it would be best for you to make sure that you learn everything you can about umbrella insurance first.

Umbrella Insurance Rely On Existing Policies

Third, if you want to get your umbrella insurance, make sure you already have an existing liability policy. It could be one or more. Umbrella insurance policies are only extensions of your existing policies.

You can't apply for separate umbrella insurance if you don't have a base policy to extend it from.

Closing Statement

These notes will help you get the most out of your existing umbrella insurance policy. It is just a matter of finding the right insurance policies to work with.


At Second Western Insurance Services, we do our best to make sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (818) 952-5203 or Click Here to request a free quote. Any coverage discussed is not guaranteed. Please contact us today to go over your policy to ensure your needs are met! We are here and happy to help.


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