We all wish to protect our home with an insurance policy to guarantee maximum security in any situation. However, there are not only insurance policies for private homes. Currently, the service of insurers for people who decide to put rent out their homes is unknown. A sector that has been booming for the last decade.
This policy covers not only material losses or breakage that may occur inside the house, but also possible monthly non-payments that the tenant may generate.
Among the most outstanding coverages that we can see in this insurance are:
–Damage caused to the house: This coverage provides protection against acts of vandalism that the tenant may create, such as the deterioration of furniture and theft.
–Loss of rent: If the house suffers some type of damage that prevents its normal rental for a certain time, this coverage provides a compensation to cover economic losses.
–Legal defence: It provides legal defence and assistance against defaults or damages by the tenant to the home. This coverage does not apply to cases of evictions.
–Protection against non-payments: This coverage indemnifies the owner in case of non-payments, covering the last twelve months.
