Personal Insurance
Personal Dwelling
Protect your rental property with the right fire insurance.
Dwelling fire insurance provides coverage for properties you own or rent to others, and the dwelling coverage is determined by the replacement cost.
In addition to building loss, the loss of rental income in the event of a claim can be financially devastating if your policy does not provide adequate coverage. Most policies provide 10% of the dwelling limit, and this may prove to be vastly inadequate depending on the location of the property and the rents commanded in that area.
Call us at 973-635-1800 or 609-924-5000 to discuss the specifics of the dwelling and the rental income protection necessary to keep your bottom-line intact. One of O'Gorman & Young's Personal Insurance Contacts will give you the informed answers you want.