While some things change, one thing remains clear –
landlord insurance is a wise investment.
If COVID-19 has taught us anything, it’s that the
rental world can change quickly and it is easy to get caught up in the
aftermath.
Many landlords across the country have come face to
face with this reality over the past two years as the pandemic landed and
brought with it economic and social implications.
Restrictions and government-mandated actions, like
eviction moratoriums, were imposed.
These had financial ramifications for landlords and
those who had insurance found themselves in a better position than those
without.
By and large, the restrictions that were imposed during the height of the
pandemic have ended, and it has been business as usual for the rental property
industry.
But, as we have learned, things have a way of
evolving and taking us by surprise.
A lot of landlords were blindsided when those COVID
restrictions first hit in 2020 and were caught short if they didn’t have the
right insurance cover.
Fast-forward to today and it is a case of "never say
never”.
No one knows what lies ahead and how it may impact
the rental market and landlords.
That is why landlord insurance is still a wise
investment.
RealRenta
has all the tools that a property manager has, but
less than ¼the cost of a property manager.
Join now and the cost is less than a cup of coffee a
week to manage your rental property
RealRenta also has a free vision, so why not check it
out
Jason Gwerder
Tuesday, 1 February 2022