Tulsa Landlord insurance is residential rental property insurance for landlords who rent one- to four-unit occupied properties, from single-family homes and condo units to duplexes and fourplexes. Owning a rental property requires lots of work hard to maintain your property and select the right tenants.
At Tulsa Insurance Guy, your investment is important to us! We work hard to provide you with coverage that meets both your needs and your budget. Protect your assets while maximizing your financial gain on your rental property through our Tulsa landlord insurance policies!
Whether you only need a landlord insurance policy with coverage for the most common types of losses or a fully-loaded policy that offers more protection, we give you the power to choose. The Tulsa Insurance Guy team takes a consultative approach to help you determine how much coverage is right for you. We’ll help you make sure your residential rental property is properly protected.
Standard Tulsa Landlord Insurance Coverage
Tulsa Landlord insurance provides coverage for non-commercial landlords who own and rent one to four-unit tenant-occupied residential properties. This type of coverage not only protects your investment from damage but it also protects you from certain types of liability unique to landlords, like wrongful eviction and entry.
Extended Dwelling Coverage
Receive up to 25% more protection than the limit stated in your policy through extended dwelling coverage. In the event of a major or total loss to your rental property, extended dwelling coverage will help pay for unexpected repair or rebuilding costs that exceed the amount covered by your base policy.
Additional Tulsa Landlord Insurance Coverage
Protect yourself against libel and slander, wrongful eviction, and wrongful entry claims. Optional premise liability coverage also protects both you and your spouse or domestic partner against personal injury and other non-bodily injury claims involving your rental property.
Protecting Your Rental Property
Even with the best Tulsa landlord insurance policy in place, it’s important to prevent the need to make a claim on your policy. Here are some great ways to protect your investment:
Select the Right Level of Coverage
Without the right level of coverage, you may not have enough to cover the cost of rebuilding your rental property after a total loss. The Tulsa Insurance Guy team can help you select a Tulsa landlord insurance policy that is properly-suited to the value of your properties.
Prevent Water Damage in Your Rental Home
As the owner of a rental property, you may not always have the ability to watch out for water damage or leaks. If left unnoticed, water damage can wreak havoc on your home. Prevent water leaks from developing by installing alarm systems and protective equipment.
Maintain Your Home’s Synthetic Siding
Many rental properties in Tulsa are built using synthetic siding (EIFS). Without property maintenance, synthetic siding can fall into disrepair, leading to water and moisture damage. Practice proper synthetic siding maintenance to prevent this occurrence.
Prepare Your Rental Home for Natural Disasters
If your rental home is located in an area that is prone to natural disasters such as hurricanes, tornados, or floods, it is important to inform yourself and your tenants on proper preparation. Informing yourself and outfitting your home to withstand damage can save hundreds of dollars on your Tulsa landlord insurance policy.
Save on Your Tulsa Landlord Insurance Policy
With access to over 65 nationally-recognized insurance carriers to choose from, our team can help you save up to 30% on your Tulsa Landlord insurance.
Bundle and Save
Many of the insurance carriers we partner with offer discounts when you combine your home, auto, motorcycle, or boat insurance with your Tulsa landlord insurance policy!
Choose a Higher Deductible
A higher deductible will lower how much you pay for Tulsa landlord insurance by shifting part of the loss payment to you. By choosing a higher deductible, you will lower your landlord insurance bill. However, doing so will also increase how much you’ll pay out-of-pocket if you file a claim.
Pay Your Bill in Full
Instead of choosing to pay your Tulsa landlord insurance policy in monthly installments, choose to pay the bill in full at the start or renewal of your policy. Doing so will provide you with great savings in the long run.
Tulsa Landlord Insurance FAQs
What is Tulsa landlord Insurance?
Tulsa Landlord insurance provides coverage for non-commercial landlords who own and rent one to four-unit tenant-occupied residential properties. It does more than just protect your investment from damage. It also protects you from certain types of liability unique to landlords, such as wrongful eviction and entry.
I own a second home that I rent out. Should I purchase Tulsa Landlord insurance?
Yes! Tulsa landlord insurance is made for landlords just like you. Protecting your assets is key to success in the rental home industry.
Do I need Tulsa landlord insurance if I own a small building with four apartments and a retail space on the ground floor?
Tulsa Landlord insurance policies are designed for non-commercial residential properties. The retail space makes your building mixed-use, which is not covered through the same type of policy. If you find yourself in this situation, we can provide you with customized insurance solutions for your needs!
Ready to get started?
Contact Us