North Florida Tenant Dwelling Insurance Tailored to Your Needs
When you purchase a tenant dwelling insurance policy from Harry Grizzle Insurance, you have considerable latitude in customizing the policy to suit your needs. A big part of our job is helping you understand how all the pieces fit. We’ll review all your risks and liabilities with you and fully address all your questions. We want to help you make educated decisions regarding suitable coverages for you, your properties, and all your tenants.
What Does Tenant Dwelling Insurance Cover?
As mentioned, coverage types and amounts can vary significantly from one landlord insurance policy to another. However, the following are coverage types commonly offered by landlord/tenant dwelling insurance policies:
Tenant Dwelling Insurance Building Coverage
Building coverage protects various buildings and structures on the Florida property itself. In addition to tenant buildings, other covered structures can include:
• Storage buildings
• Swimming pools
• Retaining walls, and other structures
In addition, building coverage also protects any of the landlord’s personal property he/she may use to maintain and/or service the property.
Tenant Dwelling Insurance Liability Coverage
Liability coverage protects you, the property owner, from liability claims arising due to bodily injury and property damage suffered by tenants in Florida.
Tenant Dwelling Insurance Tenant Move Back Coverage
If an insured event forces you, the landlord, to temporarily relocate tenants to alternate lodgings, tenant move back coverage helps defray the cost of moving them back home after the property is again deemed livable.
Tenant Dwelling Insurance Loss of Income Coverage
If you’re forced to temporarily suspend operations of your insured property, this coverage reimburses you, the property owner, for loss of business income while your tenant dwelling property is shut down.
Tenant Dwelling Insurance Heating or Air Conditioning Loss Coverage
This coverage provides reimbursement for payments made to a tenant if a mechanical failure causes complete failure of heating or air conditioning in a tenant’s residence.
Tenant Dwelling Insurance Equipment Breakdown Coverage
Equipment breakdown coverage reimburses the property owner for damages to insured property caused by mechanical failures of insured equipment such as broken pipes.