Search Better Landlords Forum

Forum Home Forums General Landlord Insurance – Worth it?

  • Landlord Insurance – Worth it?

    By Krista Reuther - 11.08.24 5

    Hello!

    When asked to rate their satisfaction with their current rental property insurance on a five-point scale in TurboTenant’s October 2024 survey, landlords felt meh – specifically, they rated their insurance as a 3.7/5.

    Interestingly enough, only 9% have filed a claim in 2024 – but they rated their insurance as a 3.3/5.

    Do you like your landlord insurance provider? Have you had to file a claim this year?

    Learn more about landlord insurance with our upcoming webinar featuring insurance experts on 12/12 at 11 am MT.

    Save Your Spot >>

    5
  • Krista Reuther

    Administrator
    08.11.24

    @john, funky thing – I used command+i to italicize the word “they” in the post above, and it showed the code instead despite looking right when I was typing out the post

  • Lexi L

    Administrator
    11.11.24

    Hey Krista! I use Steadily for my landlord insurance and they’ve been great so far. Would highly recommend.

  • RE ManagementCoLLC

    Member
    21.11.24

    Like most things investors face daily, insurance and general knowledge is so important. Understanding what your policy covers and what it doesn’t seems like the basics but alot of new investors don’t know what they don’t know, so partnering with a smart, and savvy agent is a key role for your team. We use SF for alot of our stuff and have an amazing agent. We had numerous claims this year due to weather…..thank goodness we understood actual cash value vs replacement on roofs.

    • Krista Reuther

      Administrator
      26.11.24

      Understanding key concepts like actual cash value vs. replacement costs is critical! I’m glad you have a great handle on your coverage.

      If you happen to have any lingering insurance questions, I’d love for you to join our landlord insurance webinar on 12/12 at 11 am MT with the experts from Steadily. You can find more info here.

  • Seamus Nally

    Member
    27.11.24

    I’ve never filed a claim, thank goodness, but I use Steadily for my Colorado rental. I shopped around to 3 different providers and Steadily was the cheapest when looking at comparable coverage.

    The think they pushed me over the edge with Steadily was their willingness to jump on the phone and talk through coverage options.

Log in to reply.