Cargo/ Marine Insurance

Property owner’s insurance is a type of insurance policy designed specifically for individuals who own property and rent it out to tenants. This type of insurance covers risks associated with renting out residential or commercial properties. Unlike standard homeowner’s insurance, which is typically for owner-occupied homes, property owner’s insurance is tailored for non-owner-occupied properties.

Key components typically included in a property owner’s insurance policy are:

• Property Damage Coverage: This covers the physical structure of the building against risks like fire, storms, theft, and vandalism. It can also cover other buildings on the property, such as garages or fences.