The 6 Most Important Coverages

A BOP provides higher property and liability coverage limits with greater protection than a dwelling fire policy, including loss of income for single and multifamily dwellings and apartment complexes. (Not always available)

A basic dwelling fire policy will cover the property.  Loss of rents and liability may be added to provide additional coverage.  (Widely available)

This coverage isn't just for protection against employees. Carriers offer third-party protection in the event of tenant discrimination when a current or prospective tenant sues.

This is an additional layer of protection for your liability claims that exceed the limits of your general liability policy. 

Traditional property policies do not cover losses due to floods, so purchasing a separate policy is a necessity.

Roughly 50% of small businesses say they have experienced a data breach during the past year, and even more report being hit by a cyber attack.  This coverage provides financial protection against these breaches and attacks.

This coverage protects the landlord from tenant negligence.  Tenants are always perfect.  What would happen if the tenant was burning a candle, leaves unattended, and catches the unit on fire?  Typically the property owners insurance policy will cover the damages.  If the tenant has renters insurance or the landlord has protected the property with their own tenants legal liability policy, the landlord would not have to file a claim under their own property insurance.