Landlord Insurance Agency
Serving Northern NJ
At John Hawk Agency we offer rental property policies (also known as income property or landlord policies) that can help protect landlords with non-owner occupied properties ranging from single-family homes to four-family rental units.
When thinking about income property insurance, consider the following:
What You Need to Know
Coverage Options
Discounts & Savings
Call 973-635-9494 today to learn more or simply submit a free landlord insurance quote request through our website.
Providing quality, affordable landlord insurance to the residents of Chatham, Madison, Summit, Livingston, Florham Park, Springfield, Short Hills, Morristown, Berkeley Heights, Millburn and all of Northern NJ.
What You Need to Know
If you own a four-family unit or smaller and you occupy at least one of those units, you will need a homeowners policy. A homeowners policy will help you to reduce costs, save money and provide higher personal property limits. To find out more information on homeowners insurance please visit our homeowners policy page or give us a call at 973-635-9494.
If you own a four-family unit or smaller and you do not occupy any of the units, you will need an income property (landlords) policy. This is because a standard homeowners policy will not provide the proper coverage for all of the factors that you need to protect as a landlord. Landlords insurance is specially designed for property that is rented in order to earn revenue. It can protect landlord contents, as well as, provide landlords with liability coverage. Here are a few things you should consider when thinking about rental property insurance:
- Typically, an income property policy is more expensive than a homeowners policy. This is because the property is occupied by non-owners, creating a higher risk factor.
- Your rental property can put you at risk of a lawsuit. You need to consider what kind of protection you have against liability claims. This can include liability and excess liability coverage.
- What happens if there is damage to your rental property? How much would it cost to rebuild and repair your property?
- Are your tenants covered? At John Hawk agency we urge our landlords to require tenants to acquire a renters or tenants insurance policy. This requirement should even be included in the lease agreement.
Call 973-635-9494 today to find out more information on landlord insurance or submit a free quote request through our website.
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Coverage Options
In addition to property and liability coverage, a landlords policy provides coverage for special risks landlords face. The following are coverage options available for income property insurance:
- Liability Protection
- Fair Rental Income
- Personal Property Protection
- Medical Payments Coverage
Additional Coverage:
- Burglary Protection
- Vandalism Coverage
- Building Codes
- Satellite Dish Antennas & Systems Protection
- Excess Liability Coverage
Even if you already have a landlords policy call 973-635-9494 today to make sure your assets are properly covered or simply submit a free quote request online.
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Landlord’s Insurance Discounts & Savings
- Multiline Policy Discount
- Claim-free Discount
Make sure you’re protected. Call 973-635-9494 today to talk to one of our representatives regarding your rental property insurance options or submit a free quote request.
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