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Mike Parker
  • Rental Property Investor
  • West Orange, NJ
3
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21
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Landlord insurance with rent protection

Mike Parker
  • Rental Property Investor
  • West Orange, NJ
Posted Aug 25 2023, 11:30

As it relates to landlord insurance, I've heard there are policies that can include "rent protection" to cover the property owner.  Not only covering the rental income in cases where the dwelling is uninhabitable but more so if the tenant defaults and stops paying rent and has to be evicted. Is this a real thing or just an urban legend? Many of the major insurance carriers that I've called say they have never heard of such a policy.

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